Upon the instructions of King Mohammed VI, Chairman of the Al-Quds Committee, Bayt Mal Al-Quds Asharif Agency launched, this Thursday in the Holy City, a humanitarian aid operation on the esplanades of Augusta Victoria (Al Mutlaa) Hospital, in the presence of the director in charge of the agency’s management, Mohamed Salem Echarkaoui, several religious dignitaries, […]
U.S. Forbes magazine has lauded the decision of King Mohammed VI of Morocco to pardon 4,831 people convicted, prosecuted, or wanted in cases related to cannabis cultivation, saying the move is an important step toward strengthening Morocco’s position in the global legal cannabis market. The royal pardon was made on the occasion of the 71st […]
Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity buffers, Fitch Ratings said. The agency affirmed Morocco’s long-term foreign-currency issuer default rating at ‘BB+’ with a Stable Outlook. Fitch Ratings however expects the government’s budget deficit to stand at […]
