Keywords: IMF
In a significant gathering in Casablanca, Morocco’s General Confederation of Enterprises (CGEM) engaged with an International Monetary Fund (IMF) delegation to discuss pressing socio-economic priorities. Led by CGEM Vice President Mehdi Tazi, the meeting featured various commission heads and emphasized......
The ongoing Russia-Ukraine war continues to see devastating consequences on both sides, with significant developments emerging on Day 1,031 of the conflict. Recent Attacks and Casualties On Friday, Ukrainian forces targeted the town of Rylsk in Russia’s Kursk region with US-supplied missiles,......
Rodrigo Rato, former managing director of the International Monetary Fund (IMF) and ex-minister of the Spanish economy, has been sentenced to over four years in prison following his conviction for tax crimes, money laundering, and corruption. The verdict was issued by a Madrid court, which found Rato......
A recent report from the World Bank Group, International Debt Report 2024, reveals that Morocco's external debt surged to $69.267 million in 2023, a significant increase from $27.3 million in 2010. The report provides an in-depth analysis of the debt’s composition and the conditions of Morocco’s......
Morocco has achieved a remarkable improvement in its global inequality standings, advancing 30 positions to secure the 73rd spot among 164 nations in the 2024 Commitment to Reducing Inequality Index, according to a joint report by Oxfam and Development Finance International (DFI). The North African......
Morocco's economy is set for a calculated upswing, with the International Monetary Fund (IMF) forecasting growth rates of 2.8% in 2024 and 3.6% in 2025, signaling a gradual but promising recovery for the North African nation. The latest "World Economic Outlook" report presents an encouraging......
Washington D.C. witnessed a celebration of the enduring partnership between Morocco and the International Monetary Fund (IMF) and World Bank Group on Wednesday evening. The event, hosted by the Moroccan Embassy, marked the first anniversary of the prestigious annual meetings held in Marrakech last year. Addressing......
In a stark reflection of the economic turmoil gripping the nation, Argentina's poverty rate has surged to nearly 53% during the first half of President Javier Milei's administration. This alarming figure, released by the national statistics agency, marks the highest level of poverty seen in two......
Sri Lanka's newly elected President Anura Kumara Dissanayake has appointed Harini Amarasuriya, an opposition lawmaker, as the country's first female prime minister in 24 years. This historic appointment comes at a time when Sri Lanka is grappling with an unprecedented economic crisis, and the......
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