
Morocco Ranks 17th Among Top IMF Debtors with $1.34 Billion Outstanding
According to the ranking of an American financial news site, Morocco is among the 20 most indebted countries to the International Monetary Fund (IMF).

According to the ranking of an American financial news site, Morocco is among the 20 most indebted countries to the International Monetary Fund (IMF).

While some leaders of the South have preferred to integrate the BRICS (Brazil, Russia, India, China, South Africa), Mohammed VI, for his part, has chosen to strengthen his ties with the West.

On the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank being held in Marrakech, the OCP group has secured a significant loan from the International Finance Corporation (IFC) for the construction of two solar power plants to enable it to increase its production of low-carbon fertilizers.

The national airline Royal Air Maroc (RAM) is mobilizing for the success of the annual meetings of the World Bank and the International Monetary Fund (IMF) scheduled from October 9 to 15, 2023 in Marrakech.

A report from the World Bank Group for the year 2023 focused on "the results of its activities" reveals confidence in Morocco’s "solvency". The publication of this report comes just before the annual meetings of the International Monetary Fund (IMF) and the World Bank, scheduled for Marrakech next week.

Morocco will benefit from a loan of $1.3 billion from the International Monetary Fund (IMF) to support its ecological transition and strengthen its resilience to natural disasters.

The International Monetary Fund (IMF) and the World Bank (WB) announced on Monday a decision regarding the holding of their annual meetings scheduled for October in Marrakech.

The International Monetary Fund (IMF) is about to unlock, from the new Resilience and Sustainability Trust, a huge loan to Morocco, in order to strengthen the country’s resilience to climate-related disasters.

Despite the deadly earthquake that shook Morocco on the night of Friday, September 8, the Moroccan authorities wish to host the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB), scheduled for October in Marrakech.

In the eyes of Dominique Strauss-Kahn (DSK), former Managing Director of the International Monetary Fund (IMF), also former French Minister of Economy, Finance and Industry, Morocco is a space of investment opportunities.

Morocco is one of the countries that receives the most foreign direct investments (FDI) in the world, ranking third in a ranking dominated by Qatar and India, according to the IMF.

While he had loudly claimed that he is a Moroccan tax resident and rejected the accusations of tax evasion, the former IMF chief, Dominique Strauss-Kahn , whose name is mentioned in the "Pandora Papers" investigation - these documents obtained by the International Consortium of Investigative Journalists (ICIJ) - is once again facing French justice.