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News Stream May 03,2020

North Africa Post

News Stream May 03,2020
Headlines Morocco

Driss Lachgar’s Election Leader of the USFP, the End of an Era

North Africa Post

Driss Lachgar, a career lawyer, a Parliamentarian and a former Minister, was elected Sunday First Secretary of the Moroccan Socialist Union of Popular Forces (USFP), at the end of the second round, in replacement of Abdelouahed Radi. Lachgar was elected with an overwhelming majority as he won 848 votes against 650 for his contender Ahmed […]
Emerging Markets Finance Morocco

Morocco to cut fiscal deficit to 3% in 2026, thanks to higher tax revenue

North Africa Post

Morocco expects to further cut its fiscal deficit from 4% in 2024 to 3.5% in 2025 and 3% in 2026, despite an increase in spending on social protection, Fouzi Lekjaa said. The deficit was at 7.1% when the government took office in 2021, at a context marked by a recovery from the economic impact of […]