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Moroccan employers happy with interest rate cuts
Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]
IPU: Morocco responds to Algeria’s maneuvers, reaffirms attachment to UN-exclusive process for Sahara issue settlement
Morocco has reaffirmed unwavering commitment to the UN-led political process engaged to find a lasting and peaceful resolution to the Sahara regional conflict. Rabat’s firm stand was expressed by Speaker of the House of Councillors, Mohamed Ould Errachid, during the 150th assembly of the Inter-Parliamentary Union Assembly (IPU), convened in Tashkent, Uzbekistan, April 5-9. “Certain […]
Algeria’s resounding silence following UNSC Resolution 2703
Algeria has not yet made an official reaction to a security council resolution calling for a mutually acceptable solution to the Sahara issue, while reiterating the credible and serious character of Morocco’s autonomy plan. The resolution repeated its call on Algeria as a party to the conflict to take part actively in the round tables […]



