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Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]

Covid-19: Moroccan courts hold videoconference hearings

Moroccan courts resorted to holding hearings via video conferences allowing defendants to see proceedings in a courtroom attended only by judges and lawyers as a protective measure against the coronavirus. Moroccan prison administration has already decided not to let inmates out to attend court hearings for fears of contagion after cases were found in jails. […]

Morocco to host 6th Arab-Russian Cooperation forum

The Arab-Russian Cooperation Forum decided to hold its sixth session in Morocco. The final communique issued Tuesday at the end of the Forum stated that the participants in the forum agreed to hold next year’s edition in Morocco. The choice of Morocco underlines the kingdom’s increasing presence at the international front with its non-interference policy […]