Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]
Morocco, which is taking the lead in the global fight against the coronavirus, is advancing resolutely towards becoming a main producer of vaccines including anti-covid jabs. To secure its self-sufficiency and autonomy in vaccines which have become the hottest commodity on earth during the current global health crisis, the North African Kingdom has partnered with […]
President of the Libyan High Council of State, Muhammad Meftah Takala, welcomed Morocco’s position, under the leadership of King Mohammed VI, regarding the Libyan crisis. Inter-Libyan dialogue rounds held in the Kingdom “have laid the foundations of some institutions and put an end to the bloody conflict between the Libyan brothers”, Takala said at a […]
