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Morocco to start distributing aid to needy families before end of 2023

Morocco will start offering direct financial aid to poor families before the end of the year as part of a program to foster social safety nets, head of the Moroccan government Aziz Akhannouch said. Speaking at the first cabinet meeting after the summer break, Akhannouch said the government would distribute the aid on the basis […]

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]

Influential French Senator lauds Morocco’s positive input for resolution of Libyan conflict

Christian Cambon, chairman of the Foreign Affairs, Defense and Armed Forces committee at the French Senate, has praised the important contributions made by Morocco for the peaceful resolution of the Libyan conflict. Mr. Cambon, who also chairs the France-Morocco inter-parliamentary friendship group, has praised the key role played by the North African Kingdom for the […]