The Central Bank cut its benchmark interest rate to 2% to boost economic activity, which, like elsewhere in the world, is expected to reel under the impact of the coronavirus outbreak. Drought has complicated the outlook for Morocco, which expected a contraction of agricultural output plunging growth to 2.3%, according to the central bank. The […]
Foreign Ministers of the Gulf Cooperation Council (GCC) including Jordan on Wednesday in Saudi capital Riyadh threw their support behind Morocco’s laudable and ambitious autonomy plan for the Moroccan Sahara, few days after UN Secretary General angered Morocco calling the territory under Morocco “occupied territory”. The Foreign Ministers of the six Sunni Gulf States at […]
Moroccan authorities busted a terrorist cell of 8 members loyal to the terrorist IS organization, known as Daesh, in the cities of Tangier and Fez. A statement by the Interior Ministry said that the cell was busted by Morocco’s Bureau of Judicial Investigations (BCIJ) during an operation that led to the seizure of a shotgun, […]
