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IMF and World Bank policies are outdated and need to be reformed.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 …
Beijing would like the week to mark a historic turning point in which a unipolar world finally gave way to multipolarity. To others, it was just tub-thumping bravura. In reality, it was a bit of both.
The country now sits at an energy crossroads: will its recovery be anchored in oil and gas, or will it seize the chance to lean into renewables and build something more resilient?
After Israel dealt Iran and its regional axis a string of crippling blows last year, Lebanon now finds itself better-positioned to reclaim its eroded state sovereignty. Will it grab the chance?
Recent books from Yemen, Egypt, and Syria take a new look at the 10th-century philosopher's famed letter 'The Epistle of Forgiveness', which is said to have inspired Dante's 'Divine Comedy'
An earthquake in Afghanistan earlier this week levelled entire villages and left people trapped under rubble for days, but in the shadow of the Hindu Kush, saviours were thin on the ground