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Morocco: Arab Monetary Fund forecasts 1% annual economic growth in 2022; 4% in 2023

The Arab Monetary Fund said that the expected economic growth in Morocco by the end of 2022 will not exceed 1%, after last year’s 7.9%, and that 2023 growth will reach 4%. The fund stated in its recently-issued Arab Economic Outlook Report that the yield of the main cereal crops will not exceed 32 million […]

Morocco, Senegal share same desire to strengthen partnership, enhance regional integration

Morocco and Senegal have expressed their shared desire to strengthening their partnership and enhance regional integration This was at the focus of talks held on Tuesday in Rabat between Morocco’s Minister of Economy and Finance, Nadia Fettah, and visiting Senegal’s Minister of Foreign Affairs, Yassine Fall. During the meeting, both ministers commended the excellent friendship […]

Morocco to Automate IFRS Consolidation of 350 State Companies in MAD 19 Million Digital Overhaul

Morocco’s National Agency for the Strategic Management of State Shareholdings (ANGSPE) is preparing to launch a major technology project to automate the production of consolidated financial statements for approximately 350 state-owned enterprises and establishments under International Financial Reporting Standards. The project, budgeted at 19.3 million dirhams, will deploy an Enterprise Performance Management (EPM) platform capable […]