Tourism seems to be the most hit sector after Morocco shut its borders with different tourism-related businesses standing to lose 34 billion dirhams ($3.5 bln), head of tourism federation Abdellatif Kabbaj said. The tourism sector including hotels, restaurants and tour operators, employ 500,000 people whose jobs are at risk because of the consequences of the […]
Morocco plans to increase the budget for health, education and social safety nets next year but expects the budget deficit to be reduced thanks to an increase in tax revenue, reads the 2023 draft budget. The budget plans to increase in the next four years taxes on companies exceeding 100 million dirhams in annual profits. […]
Portugal, an Atlantic nation sharing centuries-old ties with many African countries, has reaffirmed its support for Morocco’s autonomy plan as the most serious, credible and constructive basis to settle the Sahara issue. This came in a joint statement following talks in Lisbon Tuesday between Moroccan Foreign Minister Nasser Bourita and his Portuguese peer Paulo Rangel. […]
