Heads of Moroccan political parties in Guerguarat

Japan lends Morocco $200 mln in aid

Japan has offered Morocco a loan of $200 million to back the coronavirus response program. An agreement was signed in this regards between Morocco’s finance ministry and Japan’s international cooperation agency (JICA). This loan aims at helping the government deal with the health, social and economic repercussions of the pandemic. JICA has been operating in […]

Libya Warring Factions Agree to Cease-Fire

Libya’s warring factions agreed on Monday to stop hostilities after nearly a week of deadly clashes south of the capital Tripoli. Under the truce, brokered by Bani Walid social council, fighters from the Tripoli Protection Force and the Seventh Brigade agreed to return to their respective cities. Fighting between the armed groups erupted last Wednesday […]

Morocco’s Economy to Post 4.2% Growth in 2017- Central Bank

Morocco’s Central Bank, Bank Al Maghrib, forcasted a 4.2% growth rate for Moroccan economy in 2017, up from 1.2% in 2016. The positive growth rate was put forward on the backdgrop of a promising crop year following abundant rainfall, the Bank said. The bank has kept its benchmark interest rate unchanged at 2.25 percent as […]