The Moroccan government has released its macroeconomic forecasts for 2024, expecting a growth rate of 3.7% while revising downwards its 2023 growth forecast to 3.4% instead of 4%, due partly to drought and inflation. In a presentation at the Moroccan parliament, minister in charge of the budget Fouzi Lekjaa said the forecast will be taken […]
Europe should brace for a new wave of migrants and refugees said a leaked German intelligence report, estimating the number of migrants waiting in North African countries, Turkey and the Middle East at around 6.6 million. The report, seen by German Bild newspaper, said at least 2.5 million migrants are waiting in North Africa for […]
Moroccan authorities, the employers’ association, CGEM, trade unions and the social security fund, CNSS, have finally agreed to institute unemployment benefits to ease the strain of the global financial crisis that is sparing no country. The project to set up such an allowance was first tabled some 12 years ago but several obstacles have so […]
