Morocco has earmarked 320 million dollars (3 bln dirhams) to address water shortage in drought-hit areas of Souss, Moulouya, Oum Errabia and Tensift, Water and Equipment Minister Nizar Baraka said. Speaking to MPs, the minister said Morocco has 148 large dams and 135 small ones that are not enough so far to cover the increasing […]
Thanks to an economic recovery and better tax revenue, the Moroccan government reduced its fiscal deficit to 6% of GDP in 2021 from 7% a year earlier, the finance ministry said. The deficit stood at 70.9 billion dirhams, down from 82.3 billion dirhams in 2020, a year in which Morocco imposed a three-month long lockdown […]
The President of the Spanish Government Pedro Sanchez will pay an official visit to Morocco on Thursday, April 7, at the invitation of King Mohammed VI, announced the Ministry of the Royal Household, Protocol and Chancellery. During the visit, the Sovereign will have official talks with the head of the Spanish Government and host an […]
