Ramtane-Lamamra

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 […]

Moroccan, U.S. Troops to Hold Military Exercise “African Lion” April 18-27

Moroccan and American servicemen will organize their joint annual military exercise “African Lion” from April 18 to 27 in southern Morocco, according to press reports. This military drill seeks to improve interoperability and mutual understanding of each nation’s tactics, techniques and procedures. It involves various types of training including command post, live-fire and maneuvering, peace […]

Morocco Wants to Promote Green Banking in Africa

Morocco, host country of COP22 in Marrakech November 7-18 and gate for investments in Africa, is busy working to encourage international financial institutions to support green banking markets in African continent. BMCE Bank of Africa has teamed with the European Bank for Reconstruction and Development (EBRD) and organized on Wednesday a conference in Casablanca to […]