For the fourth year in a row, Spain stands as the main trading partner for Morocco in 2016, Morocco’s statistics office said. Spain stands as Morocco’s main trading partner taking 23.3% of the total Moroccan exports and providing 15.7% of its imports in 2016, the same source added. The EU as a whole took 46% […]
Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]
The re-elected President of Madagascar, Andry Rajoelina, has vowed his readiness to further strengthen the relations of sincere friendship and cooperation biding his country to Morocco. The Malagasy head of state made the remarks while receiving Saturday at the Presidential Palace the Speaker of the House of Representatives, Rachid Talbi El Alami, who represented King […]
