First Independent Mena Newspaper
Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]
Morocco’s tax expenditures have risen to 32.1 billion dirhams in 2025, reflecting persistent challenges in the government’s efforts to rationalize fiscal incentives despite a broader reform agenda aimed at improving transparency and efficiency in public spending. Tax expenditures as a percentage of GDP have declined from 2.9% in 2022 to 2.1% in 2024, primarily due […]
Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]
Morocco’s civil servants are earning an average net monthly salary of 10,600 dirhams in 2025, marking a substantial 43.6% increase over the past decade, according to the government’s human resources report accompanying the 2026 Finance Bill. The figure represents a significant improvement from 7,381 dirhams recorded in 2015. Minister of Economic Inclusion Younes Sekkouri confirmed […]
Morocco has solidified its position as a regional financial and commercial hub for Africa, with Casablanca Finance City ranking as the continent’s leading financial center, according to a recent World Bank analysis highlighting the nation’s strategic economic transformation. The World Bank report emphasizes Morocco’s decade-long implementation of comprehensive financial market reforms designed to enhance efficiency, […]
Morocco’s BCP Group has obtained ISO 37001-2025 certification for its Anti-Bribery Management System, marking a significant milestone in the banking sector’s commitment to transparency and ethical governance, the institution announced following a comprehensive audit conducted July 21-25, 2025. The certification, delivered by Certi-Trust auditors, validates BCP’s compliance with international anti-corruption standards and reflects strategic prioritization […]
In a landmark move to address Africa’s mounting debt crisis, finance ministers across the continent have adopted the African Debt Monitoring Mechanism (ADMM) — a real-time, continent-wide system designed to track both domestic and external debt. Approved during the 8th Ordinary Session of the African Union’s finance-focused committee in South Africa, the ADMM is hailed […]
Morocco’s draft finance bill for 2026, presented to the Parliament by Economy and Finance Minister Nadia Fettah, outlines an ambitious roadmap to sustain growth while preserving fiscal stability. The plan projects GDP growth at 4.6%, inflation contained at 2%, and a budget deficit reduced to 3% of GDP, alongside a public debt ratio of 66%. […]
The Tunisian government plans to seek $3.7 billion in direct financing from the Central Bank of Tunisia (BCT) in 2026, after borrowing $2.3 billion this year to cover urgent debt repayments. Total financing needs are projected at 27 billion dinars, with plans for a 7 billion dinar sukuk issuance, a first for the country. Public […]
Morocco’s draft budget for 2026, unveiled Monday by Economy and Finance Minister Nadia Fettah, prioritizes social sectors by creating 36,895 new civil service positions, with health and education accounting for 70% of the total. According to the bill, 8,000 posts will go to the health sector, while 19,000 positions are earmarked for education, mainly to […]