IMF

Morocco expects $10 Bln in remittances & $8.4 Bln in travel earnings in 2022

Remittances by Moroccan expatriates are expected to increase by 12.9 pc to $10 billion in 2022 before dropping by 4pc to $9.6 billion in 2023 due to the deterioration of economic conditions in the host countries, according to the forecasts of Morocco’ Central bank. As for travel receipts, they are projected to end the year […]

Interior ministry bans political parties from distributing aid during confinement

The Interior ministry has confirmed that his department has prohibited political parties from distributing food aid to the needy during the confinement. The Interior Minister Abdelouafi Laftit, who was speaking to MPs, did not elaborate why his department took such a decision. However, observers see the move as a step to prevent political parties, especially […]

Polish companies attracted by investment in Morocco’s Southern Provinces

Major Polish companies operating in various economic sectors have decided to invest in Morocco, particularly in the Southern Provinces. During a working session Wednesday in Warsaw with Morocco’s Ambassador to Poland, Abderrahim Atmoun, several Polish stakeholders expressed their wish to visit Morocco’s Southern Provinces and materialize their decision to invest in the region. In a […]