The Moroccan government said that it plans to create 1.2 million jobs in the next upcoming four years as the unemployment rate hits 10.2%. Head of the government, Saad Eddine El Othmani, said that by the end of his cabinet term, 1.2 million jobs will have been created. He said the inactive population who are […]
The IMF expressed its support for the Moroccan authorities’ plan to gradually transition to a more flexible exchange rate regime, which should support the economy’s ability to absorb external shocks, and preserve competitiveness. The statement was made by Nicolas Blancher, head of the IMF consultation mission, in a press release that conveyed the preliminary findings […]
Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]
