EU court of justice

Morocco’s central bank pushes mobile payments to reduce cash prevalence

Morocco’s central bank detailed in a recent report its efforts to reduce reliance on cash- which has been dominating the economy- and promoting mobile payments to boost financial inclusion. In its 2024 annual report on financial market infrastructure and payment systems, Bank Al-Maghrib outlined regulatory and operational measures aimed to address entrenched habits relying on […]

Fitch Affirms Morocco’s BBB-Rating, with Stable Outlook

Fitch Ratings has affirmed Morocco’s long-term foreign-currency Issuer Default Rating (IDR) at ‘BBB-‘ with a stable outlook, praising the country’s macroeconomic stability, its comfortable external buffers and low share of foreign-currency debt in public debt. The credit rating agency projects Morocco’s deficit at 3.7 pc of GDP in 2019 and 3.5 pc in 2020, saying […]

Morocco, Jordan Renew Full Support to Establishment of a Palestinian Independent State

King Mohammed VI, Chairman of Al-Quds Committee, and King Abdullah II of Jordan have reiterated their full support to the Palestinian people for the recovery of all their legitimate rights, including their right to statehood. This came in the joint statement issued at the end of the working and friendship visit King Abdullah II paid […]