A mission led by a multidisciplinary team from the International Monetary Fund (IMF) highlighted Bank Al-Maghrib’s (BAM) transparency practices. This mission focused on examining the bank’s transparency practices in five areas, relating to “Governance”, “Policies”, “Operations”, “Results” of these policies, as well as the “Institutional Relations” it maintains with national and international bodies, the central […]
At the directive of King Mohammed VI, Commander of the Faithful, the Supreme Council of Ulemas has been entrusted with the task of issuing a comprehensive fatwa to elucidate the Sharia rules concerning Zakat, the institution announced in a statement. This initiative seeks to address the numerous inquiries from citizens regarding the application of this […]
The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]
