Bcij_morocco

Morocco’s central bank increases three-fold banks refinancing capacity

The Central bank said it will intervene to ensure there is enough cash for banks through increasing three-fold their refinancing capacity in dirham and hard currency. The move comes as a lifeline for Moroccan banks to offset the financial repercussions of coronavirus and help them offer loans for enterprises and households, the central bank said […]

Nuclear Security: Morocco & United States strengthen cooperation ties

Morocco’s agency for nuclear, radiological safety and security (AMSSNuR) and U.S. National Nuclear Security Administration (NNSA) have agreed to enhance cooperation in nuclear security, said Thursday the U.S. embassy in a post on its X account. The two parties pledged to foster cooperation in training and capacity building for safe handling of radioactive materials, emergency, […]

Ukraine-Russia war vindicates Morocco’s plan to foster sovereignty on all strategic fronts

The Russian invasion of Ukraine has disrupted commodities market sending prices skyrocketing at a context the world is struggling to recover from the repercussions of the Covid-19 pandemic. Morocco’s sovereign Mohammed VI had- prior to the outbreak of this war- urged the government to take concrete measures to foster Morocco’s self-sufficiency on the strategic areas […]