MOROCCO-ACCIDENT-CHILD-WELL

Morocco allocates $1 billion to mitigating drought

King Mohammed VI ordered the allocation of 10 billion dirhams ($1 billion) to mitigate the impact of drought on farmers, the Royal Palace said. Morocco has registered a rainfall deficit of 64% jeopardizing this year’s harvest and putting farmers in a difficult financial position. Hassan II fund for economic and social development will contribute by […]

COVID-19: IMF vows to remain closely engaged with Morocco

The International Monetary Fund has vowed to remain closely engaged with Morocco as the authorities address the impact of the coronavirus pandemic. This came in a communiqué issued by the IMF confirming that the North African country drew the $3 billion available resources under the arrangement. The authorities will use funds purchased under the PLL […]

World Power-to-X Summit: Green Hydrogen Agreements Signed in Marrakech

Several agreements in the field of green hydrogen were signed on Tuesday in Marrakech, on the sidelines of the ongoing third edition of the “World Power-to-X Summit” (PTX23). The agreements aim to promote innovation and consolidate training around green hydrogen in favor of sustainable development, and to put in place appropriate measures to ensure the […]