Moroccan economic growth is expected to reach 1.1 pc this year before rebounding to 3.4 pc in 2023, says the World Bank in its latest updated forecast. The WB says growth in Morocco is projected to slow to 1.1% in 2022 as agricultural output declines by 17.3% due to the drought. The economy is projected […]
State subsidies represent 90% of the resources of Moroccan political parties in 2015, the court of accounts said. The total financial resources of political parties in 2015 stood at 375.46 million dirhams, compared to 91 million dirhams in 2014 and 88 million dirhams in 2013, the court said in recent audit reports. The growth of […]
After two years of successive drought, Morocco’s dam filling almost stayed stable at 51.3% by March 8, said the water department. In a recent report, the ministry noted that last year’s water storage in Moroccan dams stood at an average of 49%. While north and central dams show resilience and higher filling capacity, those of […]
