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Keywords: IMF
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......
Washington D.C. witnessed a celebration of the enduring partnership between Morocco and the International Monetary Fund (IMF) and World Bank Group on Wednesday evening. The event, hosted by the Moroccan Embassy, marked the first anniversary of the prestigious annual meetings held in Marrakech last year. Addressing......
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......
AMMAN, Jordan's political landscape has undergone a significant shift with the swearing-in of a new government led by Prime Minister Jaafar Hassan. King Abdullah II, in a move to accelerate much-needed reforms, has entrusted Hassan with the task of steering the country towards political and......
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,......
Egypt has implemented a significant increase in electricity prices for households, with rates soaring up to 50%, according to government sources. This move is part of a broader strategy to phase out subsidies, aligning with an agreement with the International Monetary Fund (IMF). The electricity ministry......
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......