FINANCIAL MARKET HEADLINES
| MOROCCO | IMMORENTE INVEST | Analytical income almost stable in 2022, DPS set between MAD 5 and MAD 5.5
ECONOMIC HEADLINES
| MOROCCO | FCL | Executive Board receives request for Flexible Credit Line arrangement with Morocco
The International Monetary Fund (IMF) Executive Board met, on March 6th 2023, to discuss a request from the Moroccan authori-ties for a two-year arrangement under the Flexible Credit Line (FCL) with the IMF in an amount equivalent to SDR 3.726 billion (about 417% of quota, i.e. $ 5 Bn).
Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets again to take a decision in the following weeks.
| CÔTE D’IVOIRE | GDP | A growth rate of 4.3% in Q3 2022
According to the National Institute of Statistics (INS) of Côte d’Ivoire, the national GDP displayed a growth rate of 4.3% in the third quarter of 2022. This results from the growth observed in the three sectors: primary (+3.1%), secondary (+5.3%) and tertiary (+6.4%).
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