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IMF and World Bank policies are outdated and need to be reformed.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 …
Palestinians are beginning to dribble out of the battered enclave as Israel starts implementing its "voluntary migration" plan. Gaza is being ethnically cleansed before our very eyes.
The man many think could end Erdoğan's quarter-century reign was arrested just days before he was nominated as the CHP presidential candidate. Who is he, and why is he behind bars?
The US and Israel want Tehran to completely dismantle its nuclear infrastructure, which it will not do. If they do decide to strike, Iran has limited options on how to respond.
The passion and imagination of the Uruguayan writer remain timeless, not least over Gaza. Ten years since his passing, Al Majalla revisits his works and words.