Engie

Morocco expects to leave FATF grey list in 2023

Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]

US Assistant Secretary of State David Schenker starts visit to Morocco with a trip to Laayoune, a première

US Assistant Secretary of State for Near Eastern Affairs, David Schenker, arrived this Saturday morning, January 9 in Laayoune, capital of the Moroccan Sahara, before flying Sunday to Dakhla for kickstarting the process of establishing a US consulate in the Saharan city.   Shortly after arrival, the US official toured the city’s diplomatic district which […]

Morocco prepares carbon tax to cut emissions

The Moroccan government is considering a carbon tax and plans to release a road map for its implementation next year to meet its climate goals, the Organization for Economic Co-operation and Development (OCDE) said. Morocco has an ambitious target to reduce emissions by 45.5% by 2030 relative to 2010 and to net zero by 2050. […]