King Mohammed VI -corona monitoring committee

Inauguration in Rabat of new headquarters of African Youth Union

The Pan-African Youth Union inaugurated on Monday in Rabat its new Headquarters in presence of Moroccan Minister of Youth Mohamed Mehdi Bensaid, the Union’s managers, African ambassadors and representatives of youth ministries from several African countries and international organizations. The transfer of the Union’s headquarters from Sudan to Morocco’s capital city was decided by the […]

Fitch Solutions Expects Morocco to Hold Interest Rate at 2.25% in 2019

Morocco’s central bank, Bank Al-Maghrib (BAM) will hold its key policy rate at 2.25 pc in 2019 due to subdued inflation and a neutral shift in US Fed policy, says Fitch Solutions in its latest report on the North African Kingdom. In a bid to protect foreign exchange reserves and limit imported inflation, BAM will […]

Mohamed Benchaaboun Appointed Minister of Economy & Finance

King Mohammed VI has appointed Mohamed Benchaaboun as Minister of Economy and Finance in replacement of Mohamed Boussaid who had been sacked on August 1. The royal office announced in a statement that the King received Benchaaboun on Monday at the Royal Palace in Rabat and appointed him Minister of Economy and Finance. The King […]