Moroccan handicrafts

Morocco commemorates International Day of Solidarity with Palestinian People

The National Library of the Kingdom of Morocco hosted, on Friday in Rabat, a meeting to commemorate the International Day of Solidarity with the Palestinian People, attended by diplomats, political stakeholders, and civil society representatives. Speaking at the event, Palestine’s Ambassador to Morocco, Jamal Choubaki, said that this International Day is an opportunity to recall […]

Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank

Developing countries are on a “path to debt crisis” and another “lost decade”, World Bank warns in its latest annual publication, unless African and other debtor governments, private and official creditors and multilateral financial institutions agree on a quick and coordinated action to secure more support from the creditors. The 50th edition of the ‘International […]

Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]