Gradual Dirham Float will not Lead to Devaluation- Central Bank

The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]

North African States Need Collective Efforts to Reduce Soaring Unemployment- UN Labor Agency

The International Labor Organization has warned that unemployment rate in North African states has hit unsustainable levels standing at 28.8%, twice the global average, and called for concerted efforts to improve employment in the region. The warning came following a two-day high-level international conference in Geneva on “Youth and Employment in North Africa” with participants […]

Rabat & Helsinki agree to foster political dialogue & economic cooperation

Ways of enhancing political dialogue and cooperation prospects in green economy were at the centre of virtual talks held Monday between Moroccan minister of foreign Affairs Nasser Bourita and his peer of Finland Pekka Haavisto. The two ministers praised the excellent Moroccan-Finnish relations and voiced their strong willingness to spare no efforts to consolidate them […]