The IMF commended Morocco for launching a flexible ex-change rate system, saying that such a decision will help fur-ther improve Morocco’s external position, enhance the economy’s capacity to absorb shocks, and preserve its external competitiveness. Adopting the central bank law and continuing efforts to increase supervisory capacity in line with 2015 Financial Sector Assessment Program […]
Morocco expresses its full solidarity with sisterly Libya following the storm and floods that have affected certain regions of the country, causing several human casualties and property losses, says the Ministry of Foreign Affairs in a statement released on Monday evening. Morocco also extends its heartfelt condolences and sincere sympathy to Libya, its brotherly people, […]
The fluid leak, which occurred lately in the submarine cable connecting Morocco and Spain, was repaired on Friday by Morocco’s National Office of Electricity (ONEE) and Red Eléctrica de España (REE). The leak was detected on July 30 in the reserve cable number 4 of the Moroccan-Spanish connection. Once the leak was located, the two […]
