Jouahri, Hassan II, and the IMF: “Your Majesty, Morocco is ruined”
Facing the imminent bankruptcy of the state in the early 1980s, Hassan II and Abdellatif Jouahri, then Minister of Finance, had no choice but to fall into the ruthless grip of the IMF. This was followed by a decade of sacrifices, blood, tears and sweat, from which Morocco would take many years to recover. It...
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Facing the imminent bankruptcy of the state in the early 1980s, Hassan II and Abdellatif Jouahri, then Minister of Finance, had no choice but to fall into the ruthless grip of the IMF. This was followed by a decade of sacrifices, blood, tears and sweat, from which Morocco would take many years to recover. It...