Maroc Telecom to invest 10 billion dirhams to develop telecommunications

Maroc Telecom announced Monday it will invest 10 billion dirhams over the coming three years to promote telecommunications in Morocco. “As part of its proactive investment policy, Maroc Telecom has signed the sixth investment agreement with the Government for the development of telecommunications in the Kingdom,” said the leading telecom operator in a statement. “Under […]

Rabat remains attached to ceasefire but will react firmly against threats to its security

Moroccan Foreign minister Nasser Bourita has reaffirmed his country’s attachment to the ceasefire and to the political process, but warns it will react with the greatest severity, and in self-defence, against any threat to its security. In an interview with the Parliament Magazine, Mr. Bourita said the repeatedly perpetrated illegal acts by Polisario militiamen since […]

Moroccan lower house approves 2023 budget bill

Moroccan MPs gave go-ahead to the 2023 budget law that aims to foster the well-fare state, cut the fiscal deficit and promote investment in a difficult international context marked by the impact of imported inflation and the repercussions of climate change and drought. Drought and inflation have both dipped Morocco’s growth forecast for 2022 to […]