The Moroccan government is elaborating a budget bill forecasting growth at 4.5% in 2023 after 1.5% in 2021, assuming an average agricultural output. Growth has decelerated in 2021 as the country faces the worst drought in decades, coupled with imported inflation pressures affecting the trade balance due to higher energy imports. The 2023 growth forecast […]
Morocco’s phosphates and fertilizers producer OCP was given go-ahead to set up two subsidiaries to produce water from non-conventional sources as well as renewable energy in the region of Safi. The official gazette published the governmental decree allowing the OCP to operate in these fields as Morocco faces the worst drought in four decades. The […]
The Moroccan Government decided Thursday at the cabinet’s weekly meeting to extend the state of health emergency until October 31, 2022, to continue to ensure the effectiveness and efficiency of measures taken by public authorities to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted a draft decree, presented by the […]
