Moroccan & Spanish FMs

Tunisia: seeking western funds to attract investors

The country is going through a transition period but its financial limitations has forced the Prime Minister to call for more financial support “before it’s too late” because those that pledged to help have not lived up to expectations. Prime Minister Hamadi Jebali called on the West to come to the country’s aid as he […]

Morocco’s Central Bank raises key interest rate to 3% to mitigate inflation

Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the domestic and international levels. During its first meeting of 2023 held in Rabat, the Board of Bank Al Maghrib discussed the evolution of the national economic situation and the Bank’s […]

Morocco’s Foreign Exchange Authority Targets Crypto Asset Holders in Enforcement Move

Morocco’s Office des Changes has initiated formal enforcement proceedings against a number of individuals identified as holding crypto assets abroad, marking the first visible escalation of regulatory action in a sector that has long operated in a legal grey zone. In written notifications sent to the individuals concerned — a copy of which was obtained […]