Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]
Colombia’s Deputy Minister for Multilateral Affairs, Adriana Mejia Hernandez, has reaffirmed her country’s firm support to the Morocco-proposed autonomy plan offered for the Sahara and to the sustained efforts made by Rabat for the settlement of the Sahara issue within the UN framework. Bogota backs Morocco’s stand aimed at achieving a lasting solution to the […]
The police of Laayoune, Moroccan Saharan city, have seized lately 529 kg of cannabis and arrested eight people, including a Mauritanian and three men from the polisario-controlled camps in Tindouf, Southern Algeria. The security agents have unearthed the drug stash which was buried in a desert zone located about 40 km east of Laayoune, says […]
