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Keywords: Economic reforms


Moroccan government advances social dialogue to enhance worker welfare

The Moroccan government has officially initiated the April round of social dialogue, reaffirming its commitment to improving the socio-economic conditions of workers and fostering cooperation with social and economic partners. This crucial meeting took place in Rabat under the leadership of Head of Government......

IMF approves $4.5 billion flexible credit line for Morocco

The Executive Board of the International Monetary Fund (IMF) has granted a new two-year agreement for Morocco under the Flexible Credit Line (FCL), amounting to approximately $4.5 billion, or 386% of the country's quota. According to a statement released on the IMF's official website, this agreement......

Akhannouch tightens budgetary controls to curb unnecessary spending

In response to pressing economic challenges and significant ongoing reforms, Morocco's Prime Minister, Aziz Akhannouch, has issued a stern directive to his team, mandating stricter budget management. The primary goal is to limit operational expenditures while optimizing investments. Budgetary discipline......

Lebanon's PM calls for sovereignty, reform, and unity in parliamentary address

Lebanon’s Prime Minister Nawaf Salam addressed the parliament on Tuesday, outlining his government’s vision for a state that prioritizes sovereignty, security, and reform. He emphasized the creation of a state capable of defending its citizens, upholding independence, and fostering strong......

Morocco advances anti-corruption efforts, debt reduction, and water management initiatives

The Moroccan government has made significant strides in its anti-corruption agenda, public debt management, and water resource optimization, according to a recent update from government spokesperson Mustapha Baitas. Speaking at a press briefing following the weekly government council meeting, Baitas......

Morocco invests $100 million to tackle rural unemployment

The Minister of Economic Inclusion emphasized that short-term training is crucial for equipping rural job seekers with practical skills. Morocco’s government is preparing to launch a new initiative aimed at addressing unemployment in rural areas, with an allocation of MAD 1 billion ($100 million)......

Morocco's public investment surges to $11.6 billion amid economic reforms and challenges

Morocco's commitment to public investment has shown remarkable growth, with allocations rising from MAD 52.3 billion ($5.1 billion) in 2015 to MAD 119.2 billion ($11.6 billion) in 2023, according to Zineb El Adaoui, First President of the Court of Accounts. In her presentation to parliament's......

Morocco's Tax Reforms Yield $29.5 Billion, Fueling Social Programs

Morocco's comprehensive fiscal reforms have driven remarkable growth in tax revenue, reaching MAD 299 billion ($29.5 billion) in 2024, marking a significant increase from MAD 199 billion ($19.5 billion) in 2020. This surge in revenue has enabled substantial investments in social welfare programs,......

 IMF and Egypt Agree on $1.2 Billion Deal to Bolster Public Finances  

The International Monetary Fund (IMF) and Egypt have reached a critical agreement to unlock $1.2 billion in funding aimed at stabilizing the country’s struggling public finances. This "staff-level agreement" is still subject to approval by the IMF's Executive Board, marking a significant......