Polisario besieges tindopuf camps

Morocco’s subsidies spending surges to $4 bln in 2022

Morocco’s spending to support the purchasing power of its citizens at a context of imported inflation rose to 40 billion dirhams ($4 bln), finance minister Nadia Fettah Alaoui said. Cooking gas subsidies alone accounted for more than 50% of the subsidies budget at 22 billion dirhams due to an increase in prices in the international […]

Spain to grant €20Mln loan to Moroccan micro-financing fund Jaïda

The Spanish Council of Ministers approved, on Wednesday, an agreement to grant a loan of up to 20 million euros to the Fund for the financing of microfinance organizations in Morocco, Jaïda. The loan, granted through the Spanish Agency for International Development Cooperation (AECID), aims to finance the expansion of the Jaïda Fund portfolio. ”The […]

Morocco, India to ease visa procedures

Morocco and India expressed willingness to ease visa procedures notably for businessmen and tourists, Morocco’s foreign ministry said. This came during a videoconference between Morocco’s foreign minister and his Indian peer Subrahmanyam Jaishankar who expressed satisfaction at the growing ties between the two countries as evidenced by the signing of some forty agreements and memorandums […]