bourita egypt

Morocco’s tax revenue in 2020 exceed what was expected

Morocco’s fiscal revenues exceeded the expectations set in the budget law standing at 146 billion dirhams, or 107% of the revenues projected in the budget law. Tax revenues were only 4% lower compared to last year in a difficult economic context marked by the fallout of the pandemic on economic activity and tax breaks offered […]

Morocco to step up public investments in 2021 to help economy recover from COVID-19 impact

The Moroccan government plans an increase in public investments to 230 billion dirhams and an injection of 45 billion dirhams to help the economy recover from the coronavirus pandemic repercussions. The measure was laid down in a draft budget law approved at a ministerial council chaired by King Mohammed VI at the Royal Palace in […]

Covid-19/Digitalization: Morocco’s CGEM, IFC Pool Efforts in Favor of Moroccan Startups

Moroccan Employers’ Association (CGEM) and the International Finance Corporation (IFC), a World Bank Group institution dedicated to the private sector, are pooling efforts to support innovative Moroccan startups selected as part of the #SolidariTECH initiative. This partnership aims to deploy the solutions proposed by these startups in neighboring countries such as Algeria and Tunisia and […]