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Morocco’s budget deficit increases two-fold by May to 2.2 $bln
Morocco’s budget deficit widened to 22.9 billion dirhams ($2.3 billion) at the end of May 2025, up from 11.2 billion dirhams a year earlier, the treasury said. The deficit was however offset by a positive balance of 14.1 billion dirhams from special treasury accounts and autonomously managed state services. Total ordinary revenues rose 19.6% year-on-year […]
Morocco to extend stipend to tourism workers hit by Covid-19 restrictions
The Moroccan government has approved a measure to extend stipend in aid to workers in the tourism industry who have been idled due to the restrictive measures taken by the government to contain Covid-19 outbreak. Morocco has closed its borders to all passenger traffic amid the surge of the new Omicron variant. The decision took […]
Morocco beneficiary of new green financial program of EBRD & Green Climate Fund
Morocco has been selected among 13 beneficiary countries from a new green financial program worth $634 million provided by the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF). Under this program, Morocco, Egypt, Jordan, Armenia, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Mongolia, North Macedonia, Serbia, Tajikistan and Uzbekistan will benefit from […]



