Search

IMF Approves $496M for Morocco Under Resilience and Sustainability Facility

Allen dreyfus Logo
© Allen Dreyfus
  • New disbursement raises total RSF funding for Morocco to $1.24 billion
  • IMF praises Morocco’s economic resilience amid climate challenges

The International Monetary Fund (IMF) has approved $496 million in funding for Morocco under its Resilience and Sustainability Facility (RSF) arrangement. The lender announced this late on Tuesday, following the conclusion of its third review of the RSF, allowing for immediate disbursement.

Recent Business

Oil rig. Photo by WORKSITE Ltd. @ Unsplash
Could the US takeover of Venezuela’s oil upset Africa’s crude exports?
Read More »
A section of a factory or manufacturing entity. Photo by Peter H @ Pixabay
Egypt producer inflation surges on fuel hikes
Read More »
Mine tunnel. Photo by Yosuke Ota @ Unsplash
GoldStone Resources posts $10mn revenue from Ghana mine
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights