Leading carmaker Stellantis Morocco has partnered with Attawfiq Microfinance to enable small business owners purchase FIAT TRIS, a 100% electric three-wheeled vehicle produced in Kenitra plant, Morocco. Under the deal, Attawfiq Microfinance, established in 2000 by Moroccan BCP Group, will provide small loans to those wishing to get TRIS without a heavy upfront. The goal […]
Morocco’s GDP growth is expected to increase to 4.5 percent in 2021 as the effects of the drought and pandemic wane and monetary and fiscal policy remains accommodative, announced on Wednesday the International Monetary Fund. In a press release issued after concluding 2020 Article IV Consultation with Morocco, the IMF Executive Board also said that […]
Morocco underscored the growing economic importance of migrant remittances, with policymakers and development partners calling for stronger financial inclusion and greater use of the funds for investment and job creation. Transfers from Moroccans abroad reached about 122 billion dirhams ($13 billion) in 2025, equivalent to roughly 8% of GDP in recent years, official data show, […]
