The executive board of the International Monetary Fund (IMF) commended Morocco for its “sound” macroeconomic policies and reforms while stressing the need for structural reform efforts. “Executive Directors commended the authorities for the sound macroeconomic policies and reform implementation that have helped improve the resilience of the Moroccan economy, upgrade the fiscal and financial policy […]
The new development model for the southern provinces ushered by King Mohammed VI has geared investments in infrastructure that aim at making of the Sahara a hub for Sub-Saharan Africa. In total, $7 billion were allocated to the Marshall plan for the Southern provinces over the 2016 – 2023 period. The 683 projects planned for […]
The measures taken to end contraband, notably with the two occupied enclaves of Ceuta and Melilla, resulted in additional gains for the customs administration estimated at 4 billion dirhams ($400 million). In its annual report for 2021, the customs administration said Morocco’s crackdown on smuggling was backed by measures to create jobs and curb the […]
