WB approves $275 million loan to help Morocco manage natural risks

The World Bank approved a $275 million Disaster Risk Management Development Policy Loan for Morocco designed to both help the country strengthen its capacity to manage the financial impact of natural disasters and climate-related shocks, and to upgrade its institutional framework for disaster risk management. Morocco has been hit in recent years by the impact […]

Religion should serve as a bulwark against extremism, Morocco argues

Morocco argues that religion should serve as a bulwark against extremism, as evidenced by the Kingdom’s religious diplomacy in Africa, and stressed the need to reset relations between the West and Muslim countries. “For Morocco, the country of the Commandery of the Faithful, religion should serve as a bulwark against extremism rather than its pretext. […]

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]