fisheries

Coronavirus to weigh on Moroccan 2021 budget

Finance Minister Mohamed Benchaaboun said the economic impact of the coronavirus will continue to reverberate in 2021 as the government faces prospects of a sharp drop in revenue and higher spending. Tax revenue is expected to fall by 25 billion dirhams while additional spending should be mobilized to fund social landmark projects such as the […]

Morocco wins US support on Sahara and makes new beginning with Israel while supporting two-state solution

Morocco has just hit two birds with one stone after a watershed deal with the US and Israel according to which Washington acknowledges Morocco’s sovereignty over its southern provinces and Rabat and Tel Aviv reopen their liaison offices. In a Presidential proclamation with immediate effect, the US announced an upcoming opening of a consulate in […]

Morocco, China sign Belt Road Initiative implementation agreement

Morocco and China signed the implementation agreement of the Belt and Road Initiative providing for further Chinese investments in the Kingdom. In a ceremony chaired by foreign minister Nasser Bourita and Vice President of China’s committee for reform and development (NDRC) Ning Jizhe, the two countries vowed to add momentum to bilateral cooperation. The new […]