The announcement of health emergency measures followed by a lockdown triggered a wave of panic buying in Moroccan supermarkets on Friday as citizens rushed to buy more than needed in terms of food and gas. The government reassured that there was no need for such a shopping spree and that the country has enough reserves […]
The Central bank said it will intervene to ensure there is enough cash for banks through increasing three-fold their refinancing capacity in dirham and hard currency. The move comes as a lifeline for Moroccan banks to offset the financial repercussions of coronavirus and help them offer loans for enterprises and households, the central bank said […]
King Mohammed VI has been awarded the “Esquipulas Peace Prize»; the highest distinction bestowed by the regional parliamentary organization FOPREL. The Forum of Presidents of Legislative Powers of Central America, the Caribbean and Mexico (FOPREL) awarded the distinction to King Mohammed VI, under a resolution adopted at the opening of the 26th extraordinary session of […]
