The National Palace, in Santo Domingo

OECD Praises Morocco for Full Compliance on Tax Transparency Standards

The Organization for Economic Co-operation and Development (OECD) has commended Morocco for its progress in transparency and sound tax practices, confirming the Kingdom’s full compliance with international standards on the exchange of information related to tax rulings under the BEPS framework. In its latest peer review report on harmful tax practices, the Paris-based institution states […]

EU imports of South African coal surge eight-fold, replacing Russian fossil fuels

South Africa’s coal sales to Europe rose eight-fold during the first six months of 2022 compared with last year as demand for the fossil fuel surged ahead of a ban on Russian coal, according to Thungela Resources, a South Africa-based thermal coal exporter. The European Union banned Russian coal imports in response to the invasion […]

AMF supports Morocco’s public finance sector reform with a new $211 million loan

The Arab Monetary Fund has extended Morocco a new $211 million loan, within the framework of the Structural Adjustment Facility, to support a reform program in the public finance sector,  the Arab financial institution announced in a statement released Friday. The loan agreement was signed on May 23 by Morocco’s Economy and Finance Minister Mohamed […]