FAR-maroc

Morocco introduces measures in its 2025 budget to curb inflation

The draft budget for 2025 provides for an array of measures to curb the impact of imported inflation on the citizens’ purchasing power, including wage hikes, cancelation of VAT and customs duties on some basic foodstuff, and subsidies. Under the new budget, monthly salaries lower than 6000 will be exempted from the income tax, while […]

New institutional report reveals dysfunctions in Morocco’s fuel market

Morocco’s competition council has issued a new report detailing facets of dysfunctions in the fuel market from the upstream to the downstream, citing notably the repercussions of oligopoly in a country where 3 companies have more than 60% of the market share. The 104-page report came at a context where Morocco bears the brunt of […]

Morocco emerges as leading solar energy hub, magnet for Gulf investment

Morocco is establishing itself as a premier destination for solar energy investments in the Middle East and North Africa region, according to a new report by London-based research group Bourse & Bazaar. The study highlights significant funding from Gulf investors, including Saudi Arabia’s Public Investment Fund, Abu Dhabi’s Mubadala, and Dubai’s AMEA Power, who are […]