The International Monetary Fund (IMF) has agreed on a $5 Billion credit line to Morocco, for reassuring the kingdom’s economic policies for foreign investors.
This credit line aims at replacing the ongoing two-years $6.2 Billion precautionary liquidity line, which is ending by August, that Benkirane’s government took to secure Morocco’s imports against unpredictable international petroleum price fluctuations.
According to the IMF, this credit line will allow Morocco to “achieve a rapid and inclusive economic growth”.
The Moroccan Times.
