tunisia-journalism

Morocco’s Central Bank calls for more vigilance vis-a-vis public debt

Morocco’s central bank has called for more vigilance concerning public debt to spare future generations the pain of structural reforms. The statement was made by central bank governor Abdellatif Jouahri following a board meeting that kept the key interest rate unchanged at 2.25%. He said the current rate remains appropriate and dismissed calls for a […]

Morocco: EBRD lends €12 Mln to Guelmim-Oued Noun Saharan Region for water project

The European Bank for Reconstruction and Development (EBRD) has approved a €12 million loan for Guelmim-Oued Noun Saharan region to enable it improve drinking water supply for households in rural areas. The funding will also help the Guelmim province upgrade four existing Waste Water Treatment Plants (WWTPs). the recycling water is used in community gardening, […]

EBRD Supports Morocco’s Car Industry with € 15 Mln Loan to Varroc Lighting Systems

The European Bank for Reconstruction and Development (EBRD) supports Morocco’s automotive industry with a €15 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The EBRD’s financing will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant […]