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Morocco, one of quickest responders to Covid-19 Crisis – IMF
Morocco is among the countries that reacted the fastest to the Covid-19 crisis, said Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) in an interview published by French magazine Le Point. The Kingdom has put in place several instruments of support and social protection, targeting mainly […]
King Mohammed VI orders setting up of Mohammadia Foundation for Moroccans Residing Abroad
King Mohammed VI has ordered the setting up of the Mohammadia Foundation for Moroccans Residing Abroad that shall serve as the executive arm of Moroccan policy towards its nationals abroad, part of a large overhaul of institutions taking care of the Moroccan diaspora. This came in a royal speech marking the 49th anniversary of the […]
Central bank sees automotive sector exports at $20 bln by 2026
Morocco’s central bank gave a promising outlook for Morocco’s current account balance putting emphasis on the growing exports of the automotive sector, seen at a record 20 billion dollars by 2026. Likewise, the bank expects Morocco’s phosphates and derivatives exports would settle at 10 billion dollars, while remittances from Moroccans abroad and tourism receipts would […]


