Bcij_morocco

Morocco’s Competition Council Calls for Overhaul of Pharmaceutical Distribution Market

Morocco’s Competition Council has issued a wide-ranging advisory calling for structural reforms to the country’s pharmaceutical distribution sector, targeting regulatory bottlenecks, territorial inequalities in pharmacy coverage, outdated remuneration models, and insufficient digitalization across the medicine supply chain. At the heart of the Council’s recommendations is the urgent need to accelerate market authorization procedures. Currently, obtaining […]

COVID-19: Containment costs Africa $65.7 billion a month

The containment imposed to limit the spread of COVID-19 costs Africa 2.5% of its GDP, equivalent to $65.7 billion per month, the Economic Commission for Africa (ECA) revealed in a report. Private companies approached by the authors of the report say they are working at only 43% of their potential. These estimates do not take […]

Morocco’s Central Bank keeps rates unchanged, expects growth to reach 2.9 % in 2023 & 3.2 % in 2024

Morocco’s central bank has decided to keep its key rate unchanged at 3 percent due to the high degree of uncertainty surrounding the international developments and the domestic context in the aftermath of the earthquake that hit the country on Sept.08. The decision was made Tuesday by the Board of Bank Al-Maghrib after discussing local […]