Morocco’s economic growth stood at 2.9% in the first three months this year, despite drought that undermined agricultural production. Led by domestic demand, non-agricultural growth was at 4% the same period thanks to the industrial sector and services, the high commissioner for planning said in a report. Rainfall was 42% lower compared to last year […]
Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]
The Ministerial Council of the Gulf Cooperation Council (GCC) stressed, Wednesday in Riyadh, the importance of the strategic partnership with Morocco. In a statement issued at the end of the 148th session of the GCC, the Ministerial Council expressed its solidarity and full support for all the measures taken by Morocco for the preservation of […]
