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Morocco’s Central Bank forecasts 6.3% drop in Country’s GDP in 2020 & 4.7 % growth in 2021

Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tuesday Bank Al Maghrib in a press release issued following its third quarterly meeting. According to the experts of the Kingdom’s central Bank, the Moroccan economy has been affected […]

Solidarity tax stirs heated debate at Moroccan parliament

  MPs from the opposition joined their voice to labor unions which lambasted the government for planning to impose a solidarity tax on the salaries of middle class employees. During an examination of the draft budget law in the parliament, MPs deplored that the Middle Class continues to bear the brunt of government policies noting […]

Africa’s growing diplomatic backlash against ‘Israeli apartheid’ amid US’ Gaza-Ukraine hypocrisy

South Africa’s top diplomat has called on Israel to stop “this real crime against humanity” unfolding in Gaza, pointing to “very clear similarities” between Israel’s occupation and the system of apartheid in her country, just as experts highlight the hypocrisy in the largely failed push by the United States to cajole African governments into taking […]