Lactalis group

Ministers’ Council, chaired by King Mohammed VI, adopts 2025 appropriation bill

A Ministers’ Council, convened Friday in Rabat under the chairmanship of King Mohammed VI, debated and adopted the 2025 appropriation bill which seeks to boost social cohesion, enhance economic sovereignty, and to achieve a strong economic recovery, with a growth rate of 4.6% in 2025, and a limited inflation rate at 2%. At the start […]

German loan for modernization of Casablanca rail network

Morocco’s National Railway Office (ONCF) has secured a $225 million loan from German development bank KfW to modernize Casablanca region railway network. The German funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain Rapproché” (SIR) program. The SIR seeks to establish an electrified passenger rail service, […]

IMF Hails Morocco’s Improving Business Environment

The International Monetary Fund has praised Morocco’s business environment, which continues to improve, particularly with the activation of the Competition Council and the implementation of a new financial inclusion strategy that will help promote competition and support the development of SMEs. Improved fiscal management and economic diversification have strengthened the resilience of Morocco’s economy, said […]