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Morocco halves multidimensional poverty rate over decade, rural gaps persist – HCP

Morocco’s multidimensional poverty rate has nearly halved over the past decade, driven by significant improvements in rural areas, according to a new report by the national statistics agency, the Haut-Commissariat au Plan (HCP) said. The share of the population living in multidimensional poverty fell from 11.9% in 2014 to 6.8% in 2024, with the number […]

Moroccan cabinet approves setting up of strategic investment fund

The government council approved a decree setting up a strategic investment fund worth 45 billion dirhams to spur public-private investments. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact. The same council extended a health emergency decree for an extra month […]

Planning meeting for 2024 African Lion drills takes place in Agadir

The General Staff of Morocco’s Southern Zone is currently hosting the main planning meeting for the 20th African Lion drills. The event, taking place in Agadir from January 29 to February 2, is jointly organized by Morocco’s Royal Armed Forces (FAR) and the United States Armed Forces. The announcement was made on Monday by the […]