Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]
Morocco’s Foreign Ministry summoned Algeria’s ambassador in Rabat and denounced the expulsion of 54 Syrian migrants by Algerian authorities to the Moroccan border town of Figuig as an “inhumane behavior”. During the meeting, the Foreign Ministry expressed concern at the expulsion by Algeria of Syrians undergoing vulnerable conditions. “It is immoral and unethical to manipulate […]
The Moroccan police have captured 14 individuals involved in smuggling of illegal migrants to Europe for cash. The busted smuggling ring was operating in several Moroccan regions and cities including Nador, Fez and Sefrou, said a press release issued Thursday by the Directorate General of National Security (DGSN). Two women and one fugitive were among […]
