Morocco’s administrative and commercial courts posted impressive efficiency gains in 2024, processing cases at unprecedented rates while managing surging workloads driven by national infrastructure projects, according to the annual report from the Supreme Council of the Judicial Power. Administrative tribunals demonstrated marked improvement, with first-instance courts achieving processing rates of 119.5% and appeals courts reaching […]
Morocco praised, on Friday, the adoption by UNESCO members of the resolution “Global Priority Africa”. The resolution, co-authored by Morocco, was adopted by consensus, after tough negotiations, during the 209th session of UNESCO’s Executive Board, particularly on the question of the restitution of cultural property. The resolution provides for the launch of a flagship program […]
Morocco’s central bank cut the key interest rate from 2% to 1.5% to shore up the economy and reduced the reserve requirement for banks to 0% to release more liquidity. The Bank revised downwards its forecasts for 2020 to -5.2%, the lowest rate since 1996, compared with 2.5% in 2019, as the coronavirus impact and […]
