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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......
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......
Morocco is rapidly integrating artificial intelligence (AI) into its educational and business sectors, signaling its ambitions in the digital economy. The country ranks among the top global users of ChatGPT, highlighting its growing technological prowess. Educational Transformation: AI Enhancing Learning Morocco’s......
Morocco's burgeoning engagement with artificial intelligence (AI) tools, particularly ChatGPT, is a testament to the country's rapid technological advancement and societal integration of cutting-edge technologies. A recent survey has revealed that Morocco leads Africa in the adoption of AI tools,......
In a historic shift, Ethiopia has ended its half-century-long control over the birr, its national currency. Driven by unmanageable debts and dwindling foreign reserves, this decision marks a significant turning point for the Horn of Africa nation. In July 2023, Ethiopia liberalized its exchange rate......
As the world increasingly leans towards digital solutions, the concept of Central Bank Digital Currencies (CBDCs) has gained momentum. Yet, while some nations have ventured into this realm, success stories remain elusive. With Morocco poised to introduce the e-Dirham, questions arise about its potential......
In a recent statement coinciding with Morocco's Throne Day celebrations, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), extolled the nation's remarkable economic and social advancements under King Mohammed VI's stewardship. Georgieva's commendation......
A Year of Challenges and Triumphs In a year marked by significant adversity, Morocco's economy showcased remarkable resilience. Despite navigating inflationary pressures, severe drought, and the aftermath of a devastating earthquake, the North African nation recorded a notable 3.4% growth rate in......