Morocco’s Foreign Exchange Reserves Cover 7 Months of Imports

Morocco’s foreign exchange reserves rose to cover 7 months and 14 days of imports by August up from 6 months and 11 days the same period last year, the Central bank, Bank Al Maghreb said. By the first week of September, Morocco’s foreign exchange reserves stood at 248.9 billion dirhams, that is a 17.7% increase […]

African MPs reaffirm respect for African countries’ sovereignty, territorial Integrity

Chairmen of foreign affairs committees of African parliaments have reaffirmed their respect for the sovereignty and territorial integrity of African countries. This came in the final declaration adopted by the African parliamentary colloquium on “African parliamentary cooperation in the face of pressing challenges” held in Rabat. The MPs expressed in the final declaration their unwavering […]

Partnership with Morocco, EU needs to match words with action

Morocco has sent a clear and straight forward message to the European Union, telling the European bloc to defend bilateral partnership with tangible actions not words. “Morocco expects the EU to prove its commitment to partnership through deeds, not words”, said Moroccan foreign minister Nasser Bourita during a joint press briefing Monday in Rabat with […]