July 28, 2014 / 11:16 PM / 4 years ago

IMF agrees on $5 billion credit line for Morocco

WASHINGTON, July 28 (Reuters) - The International Monetary Fund said on Monday it agreed on a $5 billion credit line for Morocco to help the North African country pursue a reform agenda aimed at achieving rapid and more inclusive economic growth.

Morocco’s central bank governor said last month his country was working with the IMF on a new line of credit to replace a $6.2 billion two-year precautionary liquidity line that expires in August. (Reporting by Anna Yukhanov; Editing by Peter Cooney)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below