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Category: Finance
Morocco’s economic growth to pick up to 4.3% in 2023 after slowing 1.1% in 2022- World Bank
Morocco’s economic growth is expected to slow to 1.1% in 2022 due to a sharp drop in agricultural production but national GDP will increase 4.3% ... Read More
Morocco: Expatriates’ remittances exceed MAD 30.5 billion by end of April; FDIs increase by 5%
Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office ... Read More
Aguila Saleh, Bashagha arrive in Sirte ahead of Tuesday HoR meeting
Aguila Saleh, Speaker of the Libyan parliament and Fathi Bashagha, one of Libya’s rival Prime Ministers, arrived Monday in the city of Sirte for the ... Read More
Nador West Med: Additional €57 Mln AfDB Financing
The African Development Bank Group has approved an additional financing of €57 million for Morocco to help finance the ongoing construction of the Nador West ... Read More
Algeria wants to apply new investment code in archaic business climate
The Algerian government has made much fuss about an incoming investment code which analysts see as a cosmetic measure that fails to address the real ... Read More
World Bank: $350 Mln loan to support blue economy
The World Bank has agreed to provide Morocco a $350 million loan to support its Blue Economy program which will help create job opportunities, support ... Read More
AfDB releases $1.5 billion to avert food crisis in Africa
The African Development Bank (AfDB) has released a global aid package of $1.5 billion to prevent a food crisis on the African continent due to ... Read More
Combatting Tax Evasion: Switzerland set to include Morocco in its list of partner countries
The Swiss Federal Council is planning to add Morocco to its new list of partner countries in the fight against illicit financial flows and cross-border ... Read More
Morocco maintains expansionary budget despite pressure on public finances
Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of ... Read More
French Development Agency supports Morocco’s low carbon transition plan
French Development Agency has pledged to enhance further its partnership with Morocco in its transition to a low-carbon economy based on clean industries in line ... Read More