Head of Moroccan Gvt El Otmani with Senegalese FM Amadou Ba in Rabat sept.2019

IMF highlights resilience of Moroccan economy against external shocks

The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the medium term. “Economic growth has strengthened in 2023 thanks to the recovery in domestic demand and buoyant exports,” the IMF said in a statement the end of its Article IV […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]

Morocco-Africa: Cabinet Council adopts bill on AfCFTA

he Moroccan Cabinet Council adopted Thursday at its weekly meeting Bill 11.19 ratifying the agreement establishing the African Continental Free Trade Area (AfCFTA), signed in March 2018 in Kigali, capital of the Rwanda. The announcement was made by the Government Spokesperson Mustapha El Khalfi at the press briefing that followed the meeting. To enter into […]