Morocco signed a partnership agreement on Thursday aimed at expanding exports of traditional crafts, a sector that employs nearly a quarter of the country’s workforce and generates over 1.1 billion dirhams ($110 million) in annual revenue. The deal, worth 30 million dirhams ($3 million), was signed by the State Secretariat …
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Private capex likely to recover in medium term after recent decline: Report
New Delhi [India], April 16 (ANI): After a period of decline, private capex is expected to witness a significant recovery in the medium term, according to a report by Antique Stock Broking Limited. “The outlook for private capex hasn’t dimmed, and we believe that there is a growing possibility of …
URGENT: China’s GDP grows 5.4% in 1st quarter amid tariff war with U.S.
China’s economy in the January-March period grew a real 5.4 percent from a year earlier, official data showed Wednesday, with the pace of expansion unchanged from the previous quarter amid a tariff war with the United States. The increase in inflation-adjusted gross domestic product of the world’s second-largest economy was …
South Korea’s finance chief to meet US treasury secretary next week
South Korean Finance Minister Choi Sang-mok will meet with U.S. Treasury Secretary Scott Bessent in Washington during a visit for the Group of 20 (G20) finance ministers’ meeting and the International Monetary Fund (IMF) Spring Meetings, Seoul’s finance ministry said on April 16. The U.S. Treasury proposed the meeting, with …
Morocco’s Treasury Injects MAD 600 Million in Surplus Cash via One-Day Repo
Morocco’s Treasury and External Finance Directorate (DTFE) placed MAD 600 million ($60 million) in surplus cash through a one-day reverse repurchase agreement on Tuesday. The operation was executed at a weighted average rate of 1.8%, reflecting short-term liquidity management by the Treasury. The DTFE regularly conducts repo operations to manage …