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Dramatic increase in remittances from the Moroccan diaspora
Moroccans living abroad are the leading foreign exchange earners in the kingdom, alongside tourism and services, the automobile industry and the export of phosphates and derived products. In the first five months of 2021, these Moroccans of the world transferred 36.34 billion dirhams (3.5 billion euros), up 50.2% compared to the first five months […]
Tuaregs brace for a return to arms as tension simmers in Sahel
The new Sahel nation states have obviously failed to embrace diversity and integrate the Tuareg people whose leaders in Mali and Niger consider a return to the armed struggle against the centralized states. The Tuareg are a nomadic Amazigh people scattered in the greater Sahara notably in what is now southern Algeria and Libya to […]
Morocco’s 2024 budget forecasts 3.7% growth, fiscal deficit at 4%
The Moroccan government expects an economic growth of 3.7% and a narrowing of the fiscal deficit to 4% next year, according to a draft buddget that was approved by a ministerial council chaired this Thursdau by King Mohammed VI. The earthquake that struck on Sept 8 had no impact on the macro-economic assumptions of the […]



