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Morocco braces for deepening budget, trade deficits on back of global economic uncertainties
The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]
France greenlights public funding for private projects in Morocco’s Sahara
France has allowed its development agencies to fund projects in the Moroccan Sahara, a move that implies a recognition of Moroccan sovereignty over the territory, Moroccan media reported. The decision was reported by LeDesk and confirmed by Medias24 which reported that it will be officially announced during the visit of the French foreign trade minister […]
Morocco freezes public sector hiring due to Covid-19
Head of the Moroccan government Saad Eddine El Otmani asked all public sector administrations to put off hiring new employees until the end of the coronavirus crisis. In a sign of austerity measures, El Otmani also ordered in a letter delaying all promotions planned in the current budget. The Prime minister said that the job […]



