First Independent Mena Newspaper
Fitch Ratings has affirmed Morocco’s Long-Term Issuer Default Rating at BB+ with a Stable Outlook, citing the Kingdom’s sound macroeconomic policies, adequate external liquidity buffers and strong support from official creditors. The affirmation also reflects a relatively favorable debt profile, according to the rating agency. Fitch expects the central government fiscal deficit to widen to […]
The OPEC Fund for International Development has agreed to extend Morocco $150 million to help finance a major new dam designed to improve water security and climate resilience by reducing flood risks and supporting sustainable agriculture. The OPEC fund financial support to Morocco is part of $645 million approved by the Fund to strengthen infrastructure […]
British fintech Revolut, a licensed bank operating online, has confirmed that sensitive customer information was disclosed to an unauthorized third party after it received fake government request. European payments group has contacted clients whose IDs, addresses, verification pictures, bitcoin activity and other details were handed over to hackers posing as government officials. Nearly 700 Revolut […]
J.P. Morgan has placed Morocco among the core countries set to receive some of the highest weightings in its new GBI-EM Edge index, which tracks local-currency sovereign bonds across 26 frontier market economies. The international financial services firm will launch by end of September its “Government Bond–Emerging Market Index” (GBI-EM) covering almost $ 330 billion […]
Morocco, a country with a diversified economy, has outpaced hydrocarbon-rich Algeria in foreign exchange reserves, reaching approximately $50 billion in September, according to central bank data. This milestone underscores the success of Morocco’s diversified and productive economy, while exposing the costs of Algeria’s rentier economy which led to restrictive import policies and heavy reliance on […]
Morocco’s Ministry of Economy and Finance has published a macroeconomic framework report ahead of the 2027 finance bill, the last of the current government’s mandate, setting out early priorities spanning infrastructure, private investment, social protection, health and education, Aujourd’hui le Maroc reports. The report commits to implementing royal directives around consolidating public investment, sustainable water […]
Global digital platforms including TikTok, Apple, Google, OpenAI and Spotify have begun applying Morocco’s 20% value-added tax (VAT) to some services sold to Moroccan customers, providing the clearest sign yet that the country’s new regime for taxing digital services is taking effect. The changes are now appearing on invoices and transactions seen by Moroccan users, […]
The Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, ranks among the top 25 central bank governors internationally, according to the 2026 Central Banker Report Cards published by the specialized magazine Global Finance. Jouahri, the sole representative from the North Africa region in this ranking, earned an “A-” grade in the 2026 “Central Banker Report Cards,” […]
Head of Government Aziz Akhannouch presented Morocco’s recent macroeconomic and social achievements before the Council of the Organization for Economic Co-operation and Development (OECD) in Paris, stressing the Kingdom’s determination to become a stronger and more competitive economy and a pole of stability for its region, Africa and the broader euro-Atlantic space. Akhannouch, accompanied by […]
Morocco has secured the top position in Africa and ranked 17th globally in the 2026 Investment Freedom Index, achieving a record score of 80 points out of 100, according to data compiled by The Global Economy platform based on the Heritage Foundation’s rankings. This marks the Kingdom’s best performance in the index since 1995 as […]