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Moroccan treasury gains $600 mln thanks to tax amnesty
Morocco’s treasury has gained an additional 600 million dollars (6 billion dirhams) following a tax amnesty program that expired on Dec 31, 2024. At least 127 billion dirhams ($12.7 billion) has been injected in the Moroccan banking system thanks to the tax amnesty, which allowed cash-holders to pay a reduced 5% tax on their deposits, […]
Morocco’s OCP Group to Invest in Fertilizer Plant Construction in India
Morocco’s national phosphate company OCP will build, jointly with Indian fertilizer giant Kribhco, a plant to produce fertilizers to meet Indian farmers’ needs, the OCP announces. The project will require an investment of around $230M evenly provided by the two companies. The plant will be located in Krishnapatnam, Andhra Pradesh State. It will have an […]
Morocco hands over PA-UfM Presidency to Spain
Spain took over from Morocco the rotating presidency of the Parliamentary Assembly of the Union for the Mediterranean (PA-UfM) for a one-year term. The transition of the PA-UfM presidency to Spain took place at the conclusion of the Assembly’s 17th plenary session, held in Rabat with the participation of parliamentarians from over 42 member countries […]



