Washington has commended Morocco’s constructive participation in talks on the Sahara held under the aegis of the United Nations and the UN Secretary General’s personal envoy for the Sahara Horst Köhler. This came during a meeting held Wednesday in Washington between US Secretary of State Michael R. Pompeo and Moroccan foreign Minister Nasser Bourita. The […]
A Council of Ministers, chaired by King Mohammed VI in Rabat Monday, examined the headlines of the edited draft budget 2020. The new budget was elaborated to help the economy recover from the impact of the coronavirus and the restrictive measures relating to it. It was based on a growth forecast of 5% and a […]
The consolidated revenues of Morocco’s state-run phosphates company, Office Chérifien de Phosphate (OCP), fell to 42.47 billion dirhams in 2016, compared to 47.73 billion dirhams in 2015. The OCP, the world’s leading phosphates exporter, imputed the drop to the slide in phosphate and fertilizer prices, prompting efforts to increase production and cut costs to counter […]
