Morocco’s trade deficit deepened by 2.6% in 2017 to stand at 189.8 billion dirhams ($20.5 bln) compared to 185 billion dirhams in 2016, the Moroccan foreign exchange regulator (Office des Changes) said. Morocco’s exports increased by 9.3% to reach 244.9 billion dirhams, while imports rose 6.3% to 434.7 billion dirhams, the office’ recent data show. […]
Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]
Mauritania and the European Union have extended for another year their Sustainable Fisheries Partnership Agreement (SFPA), signed in 2015 for 4 years. This extension allows the partners to negotiate another SFPA, avoiding some blockages that could lead to the cessation of fishing in Mauritanian waters. Mauritania and the EU have decided to extend the […]
