Marrakech is hosting the annual meetings of the Bretton Woods institutions in October. This is after being unable to convene in Morocco in 2021 due to the COVID-19 pandemic.
The venue choice is seen as a nod to Morocco's impressive economic development and influential role as an Arab, African and Mediterranean country of growing strategic importance.
IMF and World Bank policies are outdated and need to be reformed. They have only caused more misery and credit addiction in borrowing countries. Al Majalla explains.
Globalization is an extremely ambiguous term that has been redefined and re-constructed. The champions of globalization define it as the phenomena of increasing integration and interaction among…
In mid-April, the MENA growth forecast of the World Bank anticipated that the economies of Arab oil exporter countries “are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back…
The photo accompanying this text reflects the times when Tunisia, strong in its achievements and its financial reputation, held the vice presidency of the annual meetings of the IMF and the World…
The World Bank and the International Monetary Fund (IMF) are intergovernmental institutions founded in 1944 which greatly influence world development and financial order. They are also known as the…
World Bank has rejected El Salvador’s decision to adopt Bitcoin as legal tender, noting that it would have dire economic consequences. It refused to provide any kind of assistance for the country’s…
The World Bank has recently warned that economies of the Middle East and North Africa (MENA) region are suffering a sudden accumulation of public debt owing to challenges caused by the coronavirus …
Putin heads to Alaska, marking his first visit to the US in a decade and his first meeting with a US president since June 2021, when he shook hands with Biden in Geneva
Donald Trump's ambassador to Türkiye and envoy to Syria has been having some critical conversations in regional capitals since April, from disarming Hezbollah to preventing another war with Israel
After nearly two years of bombing, death, and displacement, a further mass evacuation order from the north to the south is pending, with the Israeli endgame being the settlement of the Strip
In the second instalment of a two-part series, Al Majalla looks at how Saudi Arabia moved from a horizontal to a vertical development model, powered by an ambitious package of reforms
Israel has made clear its objection to Turkish military bases in Syria. Could a recently signed MOU between Ankara and Damascus to boost security cooperation threaten Türkiye's good ties with the US?