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Morocco’s central bank maintains key rate at 2.75%

Morocco’s central bank maintained its benchmark rate at 2.75% amid decreasing inflation. The bank said inflation would decrease to 1.3% this year as a result of falling food prices, the main driver for inflation in the country. Inflation would increase slightly to 2.2% in 2025 as the government negotiates a new wave of price hikes […]

Tunisia: UN Human Rights Chief Welcomes Draft on Equality in Inheritance

Despite the strong resistance of the Islamist movements in Tunisia, the cabinet approved last Friday a draft law that provides for equal inheritance rights for women. The Council of Ministers in Tunisia on Friday decided to send a draft law to parliament that would give male and female heirs automatic and full equality, unless there […]

Morocco’s foreign exchange reserves improve by 16.1% in October

Morocco’s foreign exchange reserves rose 16.1% compared to the same period last year, the Central bank, Bank Al Maghreb said. By October 14, Morocco’s foreign exchange reserves stood at 250.1 billion dirhams up from 248.9 billion dirhams registered in the first week of September, the central bank said in its weekly statistics. This improvement of […]