International Conference renewable energy

Libyan dialogue in Bouznika, a precursor for settling Libyan crisis

The Bouznika dialogue represents a “positive precedent” that Libyan parties can build on to settle the crisis in the North African country, said Moroccan Foreign Minister Nasser Bourita. Morocco is currently hosting the second round of negotiations focusing on Article 15 of the political agreement on governmental institutions, including the central bank, anti-corruption and accountability […]

Morocco’s spending on subsidies halved by April

Morocco’s spending on subsidies of basic consumer goods dropped to 2.2 billion dirhams by April, from 5 billion dirhams the same period last year. The drop in subsidies bill was mainly ascribed to the 68% decrease in the cost of butane gas as well as sugar prices. Morocco also subsidies flour. Therefore, it is expected […]

Morocco’s post-Covid 19 stimulus package presented at IMF-WB Annual Meetings

Moroccan Minister of Economy and Finance Mohamed Benchaâboun highlighted the priorities of Morocco’s economic recovery plan at a virtual conference held Wednesday as part of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank (WB). To help its economy recover from the covid-19 crisis, Morocco adopted a stimulus plan focused on […]