King August 20

Moroccan central bank urges caution in dealing with CBDCs

Morocco’s central bank governor Abdellatif Jouahri advocated a cautious approach in adopting central bank digital currencies (CBDCs), recalling that the bank set up a working group to look at the matter in 2021. Speaking to a conference attended by IMF chief Kristina Georgieva, Jouahri underscored the urgent character of examining CBDCs which have a role […]

World Bank approves $450 mln loan to help Morocco improve access to financial services

The World Bank approved a $450 million loan to support Morocco’s reforms to expand the availability of financial services and digital infrastructure for individuals and businesses, as well as improving financial inclusion and digital entrepreneurship. The loan seeks to deepen reforms aimed at boosting the financial resilience of households and micro-, small-, and medium-size enterprises […]

King Mohammed VI Stresses Need to Improve Administrative Efficiency

King Mohammed VI has called for an administrative reform to address the shortcomings of state agencies and improve the efficiency of these agencies in meeting citizen’s needs “I urge everyone – the Government, Parliament, political parties, trade unions, civil society organizations and civil servants – to commit to a keen sense of national responsibility in […]