MINURSO headquarters in Laayoune

Morocco’s cereals production down 70% in 2022, fresh produce exports up

Morocco expects its cereals output to shrink by 70% to 3.2 million tons due to late and unevenly distributed rainfall, putting a strain on the country as it seeks to build stockpiles amid a surge in prices in the international market.   The government subsidies soft wheat, the main staple in the country of about […]

Japan welcomes Morocco’s serious, credible efforts within framework of Autonomy Initiative for Sahara; Keen to promote economic ties with Kingdom

Japan has welcomed this Friday Morocco’s “serious and credible efforts” within the framework of the autonomy initiative to settle the Sahara issue. This position was expressed by Japan’s Foreign Minister, Yoko Kamikawa, during talks in Tokyo with her Moroccan peer Nasser Bourita, the Japanese Foreign Ministry said in a statement. Based on Japan’s “consistent” position, […]

Morocco’s central bank alerts to climate change impact on monetary policy

Central Bank governor Abdellatif Jouahri warned of the impact of climate change on monetary policy and said the bank was working with the government on a strategy on combating climate change and mitigating its impact.   Climate change “affects growth, employment and inflation, the main variables on which monetary policy decisions are based. Besides, climate-related […]