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Keywords: Financial assistance
The International Monetary Fund (IMF) has welcomed Morocco’s efforts to strengthen its public finances and reduce the budget deficit, while stressing the importance of maintaining social protection for the country’s most vulnerable households. The assessment highlights the challenge of balancing......
Ukraine is expected to make more than $250 million in payments to the International Monetary Fund by October 9, according to internal IMF documents cited in recent reports. The scheduled repayments come as the country continues to manage substantial financial obligations amid the economic pressures caused......
Egypt has secured access to approximately $1.8 billion in fresh financing after the International Monetary Fund (IMF) completed two key reviews of the country's economic support programmes. The latest approval provides a significant financial boost as Cairo continues implementing reforms aimed at......
Egypt is set to receive €1.5 billion from the European Union in the coming days as part of a broader macro-financial assistance programme aimed at supporting the country’s economy, according to Egyptian officials. The disbursement represents the first of two remaining instalments under a......
Following directives from HM king Mohammed VI, the Moroccan government has launched a comprehensive aid and support program for communities affected by severe flooding in the northern and western regions of the country. The floods, triggered by exceptionally heavy rainfall recorded over the past two......
Spain has identified Morocco as a key beneficiary in its newly announced €85 million aid program for 2025. This decision follows an earlier allocation of €30 million to Morocco’s interior ministry through 2023. The Spanish Agency for International Development Cooperation (AECID) disclosed......
Morocco's ambitious social welfare initiatives demonstrated notable progress in late 2024, with the government's direct housing support program benefiting over 33,000 families while healthcare reimbursement processing times continued to improve. Minister of Economy and Finance Nadia......
In a significant move, European Union envoys have reached an agreement to provide Ukraine with up to €35 billion (approximately $38 billion) as part of a broader financial package aimed at supporting the nation amidst ongoing conflict. This loan, which is backed by immobilized assets from the Russian......
In a significant move to bolster social welfare, Morocco has extended direct financial assistance to over 431,000 widows across both urban and rural areas. This initiative, part of the government's broader strategy to enhance social protection, aims to alleviate the economic burdens faced by this......