Advertising

Keywords: Economic reforms


World Bank approves second $125 million grant to support Somalia's reforms

The World Bank’s Board of Executive Directors has approved a second Development Policy Financing (DPF) operation for the Federal Republic of Somalia, amounting to $125 million. The grant will be provided by the International Development Association (IDA), the Bank’s fund for the world’s......

Nigeria seeks investors for ambitious $25 billion gas pipeline to Morocco

Nigeria is actively courting international investors for the $25 billion Nigeria-Morocco gas pipeline project, a strategic initiative designed to deliver natural gas to European markets. This ambitious infrastructure project spans 5,660 kilometers and aims to transport Nigerian gas via an undersea route......

Morocco highlights investment potential at 'Morocco Now' conference in Madrid

Morocco showcased its economic strengths and investment opportunities during the “Morocco Now” conference held on Tuesday in Madrid. The event, themed “Investing together for a sustainable and shared future,” attracted major economic players from both Morocco and Spain. It aimed......

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)......