drought

Morocco’s tax expenditures reach 32 billion Dirhams despite reform efforts

Morocco’s tax expenditures have risen to 32.1 billion dirhams in 2025, reflecting persistent challenges in the government’s efforts to rationalize fiscal incentives despite a broader reform agenda aimed at improving transparency and efficiency in public spending. Tax expenditures as a percentage of GDP have declined from 2.9% in 2022 to 2.1% in 2024, primarily due […]

Asthon: Morocco is key EU partner

The High Representative of the European Union for Foreign Affairs, Catherine Ashton has described Morocco as “a key partner of the European Union” and hailed the constructive role played by the North African nation on the international scene “to resolve instability in the Sahel and in Syria”. Ashton, who met lately in Brussels with Moroccan […]

Egypt: Renewable energy to supply 42% of energy mix by 2040

Egypt’s ambitious goals to have renewable energy accounting for over 42% of Egypt’s energy mix by 2040 were outlined during the BRICS Energy Ministers Conference held in Moscow this week. In an address before the conference, Minister of Electricity and Renewable Energy, Mahmoud Esmat, said Egypt also targets to capture 5-8% of the global green […]