IMF

Morocco’s free trade agreements deepen trade deficit despite export gains

Morocco’s ambitious free trade strategy has expanded market access and boosted key export sectors, but widening trade deficits with major partners raise questions about the agreements’ overall economic impact, according to new analysis. The kingdom’s imports under free trade agreements reached 207.8 billion dirhams ($20.4 billion) in 2022, climbing 20.9% from the previous year, with […]

Morocco takes concrete steps to foster welfare, safety nets

Morocco’s plan to generalize social protection and safety nets is on track. Concrete measures, spurred by King Mohammed VI, have been taken to strengthen welfare with the aim of achieving social justice and promoting the health offer. In a ceremony chaired by King Mohammed VI Wednesday, the broad lines of this ambitious project, described as […]

Maritime disputes put Asian economy at risk

There was no breakthrough in the East China Sea island dispute between China and Japan on the sidelines of the UN General Assembly in New York. Foreign ministers Koichiro Gemba and Yang Jiechi were reported to have had a “severe” exchange. This is bad news for business in the region as the row with China […]