Yemeni Prime Minister discussed means by which to cooperate with the World Bank. Reportedly the meeting touched on the implementation of development projects and their role in supporting government efforts to jumpstart the economy. The World Bank is interested continuing its support to Yemen in order to enhance the country’s absorptive capacity for donor pledges.
[SABA, 11/11/2014]
Morocco-EU Economic Dialogue session held in Rabat
The 12th session of the Morocco-EU economic dialogue was held Rabat. The conference follows the signing of the Morocco-EU draft agreement on the 2014-2017 unique support framework. The reinforcement of dialogue between the two parties on economic issues works towards achieving the goal set by the advanced status, namely setting up a common economic zone between the EU and Morocco and implementing the advanced status. [Maroc Press, 11/11/2014]
IMF to visit Egypt for assessment mission on Wednesday
For the first time in three years, a mission from the International Monetary Fund (IMF) will visit Egypt to begin Article IV consultations to assess the Egyptian economy. Aiming to enhance investor confidence, Egypt’s government had asked the IMF to assess its economy ahead of the Egypt Economic Summit early next year. [Ahram Online, 11/11/2014]
Also of Interest:
Morocco, International Fund for Agricultural Development sign grant agreement worth $26 million| Maroc Press
Libya: US considers imposing sanctions according to report | Libya Monitor (subscription)
Morocco’s sustainable development policies are an exception in MENA | Maroc Press
Large US delegation explores Egypt trade ventures | Middle East Eye
Struggle for Libyan oilfield reflects fractured nation’s conflict | Reuters, Libya Monitor (subscription)