Morocco’s Scorecards from IMF and World Bank Detail Growth Challenges – Jean R. AbiNader

Jean R. AbiNader, MATIC May 19, 2017 In 2016, Morocco was granted a third two-year Precautionary and Liquidity Line (PLL)—a provisionary line of credit from the IMF—which Morocco uses as an insurance instrument against external risks such as severe trade imbalances while supporting its efforts to promote higher and more inclusive growth. During its annual review conducted recently, Mitsuhiro Furasawa, IMF Deputy Managing Director and Acting Chair, said, “Morocco’s sound ...

Business Review: Arab Finance Institutions in Morocco, Bilateral Investments with Rwanda, Morocco Agriculture in the Spotlight, and More Tourism Kudos – Jean R. AbiNader

Jean R. AbiNader, MATIC April 20, 2017 While the World Bank Group prepares for its spring meetings in Washington, DC, leaders of Arab financial institutions are meeting in Morocco. Morocco’s annual Agricultural Fair is scheduled for the end of this month. And if you’re in the mood for a vacation without your laptop, don’t miss these eight reasons to go to Morocco. Arab Finance Community Discusses Steps to Support Economic ...

Ambitious Polytechnic University is Latest Step for First-Class Higher Ed in Morocco – Jean AbiNader

Jean R. AbiNader, MATIC January 19, 2017 Morocco’s higher education system is getting more sophisticated in addressing the need to create R&D facilities, as well as to link education to the global economy. Mohammed VI Polytechnic University, which King Mohammed VI inaugurated last week, is an integral part of this educational development and is the spearhead for building a comprehensive knowledge economy in the country. Located between Marrakech and Settat, ...

Business Brief: Great News for Morocco’s Tourism and Financial Sectors – Jean R. AbiNader

Jean R. AbiNader, MATIC January 4, 2017 A topsy-turvy economic year ends on positive notes for Morocco, as tourism numbers rebound, positive budget news comes on the back of a projected higher growth rate for 2017, Morocco expands its role in promoting Arab and African trade, and Islamic banking is ready to launch. Passenger and tourism numbers up. According to Abderrafie Zouitene, director of the Moroccan National Tourism Office, annual ...

Business Brief: Morocco Continues Economic Diplomacy in Africa, Enjoys Increase in International Partners and Recognition – Jean R. AbiNader

Jean R. AbiNader, MATIC December 7, 2016 The ambitious bilateral agreement to extend a gas distribution pipeline up the West Coast of Africa, announced during King Mohammed VI’s recent trip to Nigeria, captured world headlines. The pipeline will  , potentially affect more than nine additional countries on its way to Morocco. Other major deals were signed as well, including one focusing on the Nigerian agricultural sector. In Morocco, three major ...
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