Morocco Enhancing Resilience of its Economy – IMF

Morocco has made significant strides in strengthening the resilience of its economy in recent years, says the International monetary Fund after completing lately its second review under the Precautionary and Liquidity Line (PLL) arrangement sealed with the North African Kingdom. The two-year arrangement supports the efforts made by Morocco to promote higher and more inclusive […]

West African cocoa crisis sends chocolate prices up

Higher cocoa prices, due to catastrophic harvest in West Africa, triggered a surge of chocolate prices. About 60% of Cocoa, a key chocolate ingredient, is produced in West African powerhouses Ghana and Cote D’Ivoire, which both reported a sharp drop in output due to a devastating heatwave. Experts expect that chocolate prices would further rise […]

Morocco’s King congratulates President Macron on his re-election

King Mohammed VI has sent his congratulations to French President Emmanuel Macron on his re-election and victory over far-right rival Marine Le Pen.   In his message, the Monarch wished Macron success in his mission and hailed the depth of the multidimensional ties existing between the Moroccan and French people.   By winning a second […]