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Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]

Mauritania’s President on a private visit to Rabat

President Mohamed Ould Cheikh El Ghazouani of Mauritania flew from capital Nouakchott to Rabat on Wednesday evening, reported the Mauritanian News Agency AMI. The Mauritanian President’s trip to the Moroccan capital, falls within the framework of a “private visit,” said the agency, without disclosing additional details about the nature or agenda of the trip. It […]

EU Commissioner: Morocco, Key & Reliable EU Partner

European Commissioner for the Mediterranean Dubravka Šuica has described again Morocco as “a key and reliable partner of the European Union.” “We share a unique relationship and a common goal to deepen our Partnership”, said Wednesday the European Commissioner in her X account following telephone conversation with Moroccan FM Nasser Bourita. She said they talked […]