First Independent Mena Newspaper
The government council adopted on Thursday a decree, opening supplementary budget appropriations to the general budget for fiscal year 2026, to finance a set of protective measures made necessary by the economic spillover from the Middle East conflict. Government spokesperson Mustapha Baitas confirmed the measure at a post-council press conference, framing it as urgent in […]
Morocco’s economy is expected to grow by 5.3% in 2026, Budget Minister Fouzi Lekjaa said, pointing to a solid recovery driven by improved agricultural output and steady macroeconomic conditions. Speaking before parliament, Lekjaa said the projection would mark one of the strongest growth performances in recent years outside of the post-COVID rebound, underpinned by a […]
Morocco’s National Agency for the Strategic Management of State Shareholdings (ANGSPE) is preparing to launch a major technology project to automate the production of consolidated financial statements for approximately 350 state-owned enterprises and establishments under International Financial Reporting Standards. The project, budgeted at 19.3 million dirhams, will deploy an Enterprise Performance Management (EPM) platform capable […]
Tunisia recorded a trade deficit of 7,528.8 million dinars during the first four months of 2026, according to figures released this Tuesday by the National Institute of Statistics (INS). The country’s exports reached 22,693.8 million dinars between January and April 2026, marking a 9.5% increase compared to the same period in 2025. Imports also rose […]
Morocco has donated $5 million to Gavi Vaccine Alliance, becoming the first North African nation to provide direct financial support to this public-private global health partnership designed to increase equitable access to new and underused vaccines for children in the world’s poorest countries. The grant agreement was signed in Casablanca in presence of Moroccan health […]
Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]
Morocco’s public finances entered the second quarter of 2026 in considerably better shape than a year earlier, driven by robust first-quarter tax receipts that have allowed the Treasury to reduce its reliance on the domestic bond market and to approach its funding strategy from a position of relative comfort. According to an analysis published by […]
Morocco attracted 56 billion dirhams ($6 billion) in foreign direct investment (FDI) in 2025, marking a sharp increase from recent years, Minister delegate for investment Karim Zidane said. Addressing members of the Upper House, Zidane said inflows had risen by nearly 73% compared with 2021, when they stood at around 32 billion dirhams. He attributed […]
Libya’s Prime Minister, Abdul Hamid Dbeibah, on Monday, May 4, announced the approval of a unified national budget—the first in over 13 years—during a cabinet meeting held in Qasr Al-Akhyar, east of Tripoli. The breakthrough follows the “2+2 agreement” signed in April between representatives of the House of Representatives and the High Council of State, […]
Morocco’s Office des Changes has initiated formal enforcement proceedings against a number of individuals identified as holding crypto assets abroad, marking the first visible escalation of regulatory action in a sector that has long operated in a legal grey zone. In written notifications sent to the individuals concerned — a copy of which was obtained […]