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Morocco’s Central Bank Holds Interest Rate at 2.25%, Sees Growth at 5% in 2025

Morocco’s central bank kept its benchmark interest rate unchanged at 2.25% on Tuesday, citing contained inflation and steady economic recovery, while projecting growth to reach 5% in 2025 before easing to an average of 4.5% in 2026 and 2027. Bank Al-Maghrib’s board, meeting for its fourth quarterly session of the year, said agricultural output is […]

Coronavirus: Morocco announces 11 new cases, suspends all international passenger flights

Morocco announced on Sunday 11 new confirmed coronavirus cases in the country and decided to suspend, until further notice, all international passenger flights to and from its territory. The new cases bring to 28 the number of COVID-19 infected persons recorded in Morocco since March 2, including Minister of Transport and Logistics Abdelkader Amara. One […]

Paris attacks: President Hollande Thanks King Mohammed VI for Morocco’s effective assistance

President Francois Hollande of France has expressed his country’s thanks to King Mohammed VI for the “effective assistance” provided by Morocco following the Paris terror attacks that shook the French capital a week ago. This came during a meeting between the two heads of State held Friday afternoon at the Elysée, the French presidential palace. […]