Morocco would issue a dollar-denominated bond in 2023, the first since 2020, the central bank said. Morocco has yet to recover its investment grade although its most recent foreign debt issue was successful. Domestically, central bank official Youness Issami said the central bank has proceeded to purchases of treasury bonds for the first time The […]
Morocco has decided to make a financial contribution to the reconstruction of Notre-Dame cathedral, the landmark Gothic monument in Paris, which caught fire last Monday evening. The announcement was made by Morocco’s ambassador to France Chakib Benmoussa at a meeting he held Thursday with Archbishop of Paris Michel Aupetit. The Ambassador informed the Archbishop of […]
Morocco will exempt enterprises from paying their contribution to the pension fund CNSS and will grant them a debt moratorium as part of measures to offset economic impact of the coronavirus, the Moroccan coronavirus economic monitoring committee said in a statement. King Mohammed VI instructed the government on Sunday to create a $1 billion fund […]
