Morocco to introduce inflation targeting in 2027, keeps currency peg for now

Morocco’s central bank will begin implementing inflation targeting in January 2027, marking a major shift in its monetary policy framework, while maintaining its current exchange rate regime for the time being, Bank Al-Maghrib Governor Abdellatif Jouahri said. Speaking after the bank’s quarterly board meeting in Rabat Monday, Jouahri said the Moroccan economy is not yet […]

Morocco Building Commercial & Financial Hub Linking Africa & Europe (U.S. Consulting Firm)

Morocco is busy working to establish itself as a commercial and financial hub linking Africa and Europe, says American Consulting firm Kearney in its latest “Global Retail Development Index” report. Morocco’s economy is on the path to recovery, supported by an uptick in household consumption, export demand, and governmental policies, adds the GRDI research report […]

Sahara: EU Supports UN Chief Efforts to Achieve Lasting Political Solution

The European Union has expressed support for the efforts engaged by the UN Secretary-General to achieve a just, lasting and mutually acceptable political solution to the Sahara regional conflict. The EU stand was expressed Thursday in New York at the UN Fourth Committee. Speaking on behalf of the European bloc, the delegate of Hungary said: […]