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

Yango ride. Photo: Yango Ghana/ Facebook
Yango and Flutterwave deepen fintech integration with cashless expansion in Zambia
Read More »
Gold mining machine, excavator. Photo by Albert Hyseni @ Unsplash
Nigeria targets $1bn annual mining FDI as deadly accidents expose safety crisis
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Mali orders fintech firm Wave to pass 1% mobile money tax to users
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights