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IMF Supports Morocco to Achieve Gradual Dirham Float

The IMF expressed its support for the Moroccan authorities’ plan to gradually transition to a more flexible exchange rate regime, which should support the economy’s ability to absorb external shocks, and preserve competitiveness. The statement was made by Nicolas Blancher, head of the IMF consultation mission, in a press release that conveyed the preliminary findings […]

Spanish victims of Polisario decry impunity of separatists in Spain

The Spanish victims of the terrorist acts perpetrated by the Polisario armed militia are demanding compensation for their sufferings and denounce the impunity of the Algeria-backed separatists in Spain. The Canary Islands Association of Victims of Terrorism (ACAVITE), which includes the relatives of more than 300 victims of Polisario terrorism, urges the Canary Islands regional […]

Morocco: E-banking activity rose to 325.9 Mln transactions at end of September

The overall achievements of the electronic banking activity in Morocco reached 325.9 million transactions that totaled 275 billion dirhams in the first nine months of 2021, according to the Interbank Electronic Banking Center (CMI). This activity, which includes cash withdrawal operations on the ATM network, payment operations in shops and online, payment operations on ATMs […]