Morocco-flights-suspension

Moroccan government, central bank at odds over inflation

Morocco’s central bank and the Moroccan government are pursuing policies that are triggering opposite impacts on inflation. As the central bank tightens its monetary policy by raising the key interest rate for the third time in a row to 3%, the government continues its expansive budgetary policy in line with its goals to spur private […]

Washington okays sale of guided bombs & advanced air-to-air missiles to Morocco

U.S. State Department has approved new weapons sales to Morocco worth over $174 million, showing U.S. strong support to a major ally and strategic partner, described as an important force for political stability and economic progress in North Africa. The announcement was made Friday by U.S. Defense Security Cooperation Agency in a press release. The […]

King Mohammed VI urges government, parliament to implement new development model

Morocco’s King Mohammed VI delivered a speech Friday marking the opening of the parliament fall session in which he urged the new cabinet and the parliament to strive to meet the goals of the country’s new development model. After highlighting the positive prospects of the Moroccan economy and its promising outlook, the King urged the […]