Emmanuel-Faber-PDG-de-Danone

Remittances, tourism receipts to hit record in 2026- Morocco’s central bank says

Two key sources of Morocco’s inflow of hard currency, remittances from Moroccans abroad and tourism receipts are heading towards another record in 2026 at 123 billion dirhams ($12.8 bln) and 125 billion dirhams ($13 bln) respectively, the central bank said. This improvement would help offset the deepening trade deficit due to higher imports of equipment […]

Mali: France and its European partners to decide on the future of the Takuba force

Following the decision of the Malian authorities to expel the French ambassador in Bamako, the French government spokesman, Gabriel Attal, said on Tuesday that the “situation cannot remain as it is”. According to him, Paris and its European allies are giving themselves until mid-February to rethink their military device in Mali. Gabriel Attal said that […]

IMF projects Morocco’s economic growth at 4.5 % in 2021

The International Monetary Fund has lowered slightly its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 4.5 pc in 2021, while the Fund’s previous projections for the country were estimated at 5 pc. The IMF new outlook takes into account several internal and external factors including the high uncertainty that surrounds […]