fish-morocco

Morocco’s spending on subsidies more than halved in first quarter this year

Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]

Phala Phala scandal: Ramaphosa’s political future uncertain, emergency meeting of the ANC

The political future of the South African president has become uncertain as he has an impeachment case to answer and as the ruling party must nominate its candidates for the 2024 elections this December. The impeachment case surface after an independent parliamentary panel probed the scandal over the theft of thousands of US dollars stashed […]

French Development Agency supports Morocco’s low carbon transition plan

French Development Agency has pledged to enhance further its partnership with Morocco in its transition to a low-carbon economy based on clean industries in line with the international commitments made by the Kingdom to reduce CO2 emissions responsible for global warming. To help Morocco achieve its decarbonization goals, the French agency chief Rémy Rioux signed […]