sonatrache

IMF commends Morocco for mitigating economic impact of external shocks

The IMF highlighted on Jan 24 the “very strong policy response” that Morocco took to mitigate the social and economic impact of the recent negative shocks fueled by the repercussions of the war in Ukraine. At the end of its Article IV consultations, the IMF said Morocco’s economy will bounce back to 4% in 2023 […]

Morocco, Largest Fruit & Vegetables Supplier to Spanish Market in 2017

Morocco ranked first in the list of Spain’s suppliers with fruits and vegetables with exports totaling €462.3 million up to October 2017, FEPEX, the Spanish federation of fruits and vegetables producers, said. Morocco exports of agricultural products grew 36% compared to the same period in 2016, FEPEX noted. The Spanish federation highlighted the upward trend […]

Morocco’s PM defends government’s mid-term achievements

Head of the Moroccan government Aziz Akhannouch defended the achievements of his government at half-term, focusing on social projects including direct subsidies, mandatory health coverage, and the reform of the health and education sectors. Akhannouch-led government has come under fierce criticism by the opposition which decry a surge in unemployment and a lack of communication […]