Social aid to cost Moroccan government 8% of GDP by 2026- minister

Morocco’s spending on social assistance would amount to $9 billion, representing some 8% of the country’s GDP, minister in charge of the Budget Fouzi Lekjaa said. Lekjaa was speaking before MPs explaining the logic behind cutting cooking gas prices, which come after a series of measures aiming to boost purchasing power of poor and middle-class […]

On Algeria’s Manipulation of Separatists to Wage War on Moroccan Phosphates

A tanker loaded with phosphate rock cargos exported by Morocco’s state-owned phosphates company (OCP) to Canada was detained in Panama after the Algerian-sponsored Polisario front filed a complaint challenging the legality of the transaction. The vessel is the second held within a month after a New Zealand-bound ship loaded with 50,000 tons of OCP phosphates […]

Moroccan railways transport 26.4 million passengers in h1

Some 26.4 million people used Moroccan trains to travel in the first six months this year, up 7% from the same period last year, rail operator ONCF said. Revenue grew 8% to 1.26 billion dirhams as more people use the fastest train in Africa Al Bouraq connecting Casablanca to Tangier. In total Al Boraq passengers […]