Keywords: International Monetary Fund
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......
In a significant move to strengthen Morocco's logistics sector, the International Finance Corporation (IFC) has announced a $37 million investment in Building Logistics Services (BLS), a key logistics operator in the North African nation. The agreement, signed during the International Monetary Fund......
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......
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......
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