Few weeks after the launch of the gradual Dirham float, The International Monetary Fund has advised Morocco to maintain the current reform pace with a view to strengthening the economy’s competitiveness. “Unlike other emerging economies, Morocco didn’t loosen currency restrictions under pressure, so authorities can take their time with future steps,” Nicolas Blancher, the IMF’s […]
A landmark underwater rail tunnel project connecting two continents has entered a crucial new phase as engineering feasibility studies commence, marking a historic step in Mediterranean infrastructure development. The ambitious infrastructure project, which will link Morocco and Spain through the Strait of Gibraltar, has selected a world-leading tunneling technology firm, Herrenknecht Iberica, to conduct the […]
The Interior ministry has confirmed that his department has prohibited political parties from distributing food aid to the needy during the confinement. The Interior Minister Abdelouafi Laftit, who was speaking to MPs, did not elaborate why his department took such a decision. However, observers see the move as a step to prevent political parties, especially […]
