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Morocco maintains expansionary budget despite pressure on public finances
Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of geopolitical tensions on the state budget, the government maintains its expansionary budget which has increased funding for social services. Morocco has adopted an ambitious development model to bolster the competitiveness […]
Morocco, USA prepare African Lion Drills 2020
The Commander of US Ground Forces for Africa (Africom), Major-General Roger Cloutier, has recently visited Morocco for a meeting, in Agadir, with Commander of the Southern Zone, Inspector of Infantry Major General Belkheir El Farouk. This meeting between the two top Moroccan and American officers is part of the preparations for the 2020 edition of […]
OCP plans international bond worth up to $2 bln to fund development plan
Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]



