Iberia

Morocco elected head of general secretariat of African Organization of Supreme Audit Institutions

Morocco’s Court of Accounts has been elected Chair of the General Secretariat of the African Organization of Supreme Audit Institutions (AFROSAI) during the General Assembly of this regional organization convening in Tripoli (Libya) Dec.2-6. Morocco is taking part in this African gathering with a large delegation led by Mrs. Zineb EL Adaoui, President of “La […]

King Mohammed VI Visits Revamping Projects of Rabat’s Old Medina

King Mohammed VI visited, on Monday, several projects launched in 2014 by the Sovereign to rehabilitate and upgrade the old medina of Rabat, Morocco’s capital city. The royal visit shows the importance the Monarch grants to the conservation of the architectural identity of the Rabat medina, a UNESCO world heritage site, the promotion of its […]

Morocco braces for deepening budget, trade deficits on back of global economic uncertainties

The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]