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Morocco-USA trade increased fivefold since 2005

Trade between Morocco and the United States has increased fivefold since 2005, the year before the entry into force of the Free Trade Agreement (FTA) between the two countries, to reach 5 billion dollars in 2019, said, Monday in Casablanca, the Chargé d’Affaires of the US Embassy in Morocco, David Greene. This commercial dynamic has […]

Morocco starts repatriating its citizens stranded in Melilla

The Moroccan government authorized the repatriation as of this Friday May 15 of the Moroccans who have been stranded in the Spanish enclave of Melilla since Morocco closed its air, land and sea borders last March 12 to limit the spread of COVID-19. The Spanish news agency EFE, quoting official Moroccan sources, said the operation […]

Morocco’s central bank maintains key rate at 2.75%

Morocco’s central bank maintained its benchmark rate at 2.75% amid decreasing inflation. The bank said inflation would decrease to 1.3% this year as a result of falling food prices, the main driver for inflation in the country. Inflation would increase slightly to 2.2% in 2025 as the government negotiates a new wave of price hikes […]