Bouteflika

Scores of Migrants Storm Spain’s Enclave of Melilla

About 500 people stormed Spain’s North African enclave of Melilla on Tuesday (18 March), which is the largest number to force their way across the border in almost a decade as increasing naval patrols discourage entry into the territory by sea. Spain has two enclaves in Morocco – Melilla and Ceuta – and migrants mainly […]

IMF Approves $2.9 Billion for Morocco under PLL arrangements

The International Monetary Fund (IMF) has approved $2.9 billion for Morocco Under the Precautionary and Liquidity Line (PLL) that will provide insurance against external risks, support Moroccan efforts to reduce fiscal, external vulnerabilities and promote more inclusive growth. Despite a sharp pick up in global oil prices, Moroccan authorities have reduced fiscal and external vulnerabilities […]

Morocco boosts industrial investments with 17 agreements

Part of Morocco’s efforts to upgrade the industrial sector, impacted by the coronavirus pandemic, 17 investment agreements, worth $93.6 million, were signed in Rabat Wednesday.   The signing of the agreements relating to several sectors took place under the chairmanship of Minister of Industry and Trade Moulay Hafid Elalamy who described these agreements as an […]