Mauritanian President Mohamed-Cheikh-Ould-Ghazouani

Morocco seeks to increase tax revenue

Morocco’s lower house adopted a draft bill on tax reform that aims at achieving tax equity and boosting state tax revenues to fund development projects. The new text also aims at curbing the tax evasion and reduce the size of the informal sector, while making tax incentives more rational in case of the absence of […]

France Lauds Morocco’s Migration Policy

French President Emmanuel Macron commended the achievements of Morocco under the reign of King Mohammed VI citing notably the Kingdom’s leadership on the global migration agenda. Macron lauded the human dimension underlying Morocco’s migration policy, noting that the 11th World Forum on Migration next December in Marrakech would offer a chance to learn from the […]

Morocco’s Trade Deficit Widens to $20.5 bln in 2017

Morocco’s trade deficit deepened by 2.6% in 2017 to stand at 189.8 billion dirhams ($20.5 bln) compared to 185 billion dirhams in 2016, the Moroccan foreign exchange regulator (Office des Changes) said. Morocco’s exports increased by 9.3% to reach 244.9 billion dirhams, while imports rose 6.3% to 434.7 billion dirhams, the office’ recent data show. […]