The Moroccan government is elaborating a budget bill forecasting growth at 4.5% in 2023 after 1.5% in 2021, assuming an average agricultural output. Growth has decelerated in 2021 as the country faces the worst drought in decades, coupled with imported inflation pressures affecting the trade balance due to higher energy imports. The 2023 growth forecast […]
Spanish police have arrested 43 people in the south of the country, suspected of belonging to a criminal ring that exploited illegal migrants working in the agricultural sector, mostly from Morocco, to whom they sold fake employment contracts at exorbitant price. “National police officers arrested 43 people in the province of Malaga and dismantled a […]
King Mohammed VI has appointed members of the two commissions, the “Transfer Commission” and the “Evaluation Body” that will supervise the planned privatization of a number of public institutions that will bring in some 10 billion Dirhams. The Transfer Commission includes Zouhair Chorfi, Secretary General of the Ministry of Finance; Fouzia Zaaboul, Director of the […]
