Morocco
Climate Change Threatens Morocco's Tourism Industry, World Bank Study Warns
The coming years look difficult for Moroccan tourism due to climate change. This is revealed by a recent study by the World Bank.
Topic
World Bank
Morocco
World Bank Report: Morocco's Tourism Sector Rebounds, Contributes 7% to GDP
Tourism accounts for about 7% of GDP and generates more than 500,000 direct jobs, or about 5% of Morocco’s active population. This is what emerges from the latest World Bank report on the economic situation in Morocco.
Morocco
Morocco Expands Dirham Flexibility in IMF-Backed Currency Reform
Nadia Fettah, Minister of Economy and Finance, welcomes the ongoing reform of the Moroccan exchange rate regime, stating that an important step is being taken to improve the flexibility of the dirham.
Morocco
Roads: A Titanic Project Awaits Morocco
Although it is ahead of its peers in terms of the density of paved roads, according to a World Bank analysis, Morocco wants to adopt a new strategy for 2030, the year in which it will co-host the World Cup alongside Spain and Portugal.
Morocco
Moroccan highways boost business activity
Public investments in road infrastructure have a positive impact on private investments and, consequently, the Moroccan economy. This is the finding of a study carried out by the Middle East and North Africa (MENA) transport team of the World Bank.
Morocco
Moroccan Diaspora Remittances to Reach $12 Billion, Boosting National Economy
The latest World Bank report on migration and development indicates that 20% of remittances in the MENA region come from Moroccans living abroad (MRE).
Morocco
World Bank Report: Morocco's Private Investment Slumps Below Pre-Pandemic Levels
Private investment is plummeting in Morocco. This is at least what the World Bank reveals in its new report on the Moroccan economy.
Morocco
Morocco Strengthens Western Economic Ties as King Hosts World Bank and IMF Leaders
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.
Morocco
Royal Air Maroc Boosts Flights for World Bank, IMF Meetings in Marrakech
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.
Morocco
World Bank Report Highlights Morocco's Economic Strength Ahead of IMF Meetings
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
IMF and World Bank to Hold Annual Meetings in Marrakech Despite Recent Earthquake
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.
Morocco
IMF to Grant Morocco $1.3 Billion Climate Resilience Loan
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.