Morocco-israel-flights

Moroccan government, central bank at odds over inflation

Morocco’s central bank and the Moroccan government are pursuing policies that are triggering opposite impacts on inflation. As the central bank tightens its monetary policy by raising the key interest rate for the third time in a row to 3%, the government continues its expansive budgetary policy in line with its goals to spur private […]

EU welcomes Morocco’s tax reforms

The EU promised to remove Morocco from the tax haven grey list after commending the reforms undertaken by the country to improve financial transparency and fight tax evasion. An EU special committee has announced that the steps taken by Morocco to bring its tax system concerning free zones in line with European standards will lead […]

Russia re-opens embassy in Burkina Faso after nearly 32-year absence

Russia has re-opened its Embassy in Burkina Faso’s capital Ouagadougou, nearly 32 years after shutting down the mission. This comes amid growing ties between the two countries. Russia’s Ambassador to Côte d’Ivoire and Burkina Faso, Alexei Saltykov witnessed the ceremony alongside his host, Burkina Faso’s top diplomat, Karamoko Jean Marie Traore. The Russian diplomat underscored […]