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Category: Finance
AfDB Lends Morocco € 114 Mln for Inclusive & Sustainable Farming
The African Development Bank has approved a € 114 million loan to support Morocco’s inclusive and sustainable agriculture in rural areas within the frame of ... Read More
Morocco’s vaccine procurement cost rises to 7 billion dirhams
The cost of Morocco’s vaccine procurement rose to 7 billion dirhams ($77 million), finance ministry documents showed. The amount was funded by the special solidarity ... Read More
US subjects military aid to Tunisia to return to democratic path
The US senate has subjected military aid to Tunisia to the return of democratic values after President Kais Saied has suspended the parliament and seized ... Read More
Morocco’s 2022 draft budget foresees 3.2% growth, 5.9% budget deficit
Morocco’s government has unveiled the headlines of its budget draft bill forecasting a budget deficit of 5.9% of GDP and a growth rate of 3.2%. ... Read More
Morocco’s 2022 draft budget to lay basis for economic take-off
Morocco’s 2022 draft budget plans measures to bolster economic recovery, generalize social safety nets, and promote employment in addition to continuing the overhaul of the ... Read More
IMF reviews upwards Morocco’s economic growth in 2021 to 5.7 %, best performance in MENA region
The International Monetary Fund (IMF) has reviewed upwards its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 5.7 % in 2021, ... Read More
Morocco’s economy to bounce back to 6.2% growth in 2021 – Central Bank
Morocco’s economy is shaking off Covid-19 impact with a rebound in economic activity that is expected to push growth to 6.2%, Morocco’s central bank said, ... Read More
Fitch Ratings highlights resilience of Moroccan banks
Credit fundamentals of major Moroccan banks are recovering slowly from the negative impacts generated by the covid-19 pandemic, says Fitch Ratings. The global health crisis ... Read More
Algeria’s president never-ending Brouhaha
As Algeria sinks into an unprecedented economic and social crisis, Algeria’s president indulges himself and his military rulers with his diatribes against Morocco, Israel and ... Read More
New Moroccan government unveils ambitious social program
The newly appointed head of the government Aziz Akhannouch kicked off his mission by chairing the first ministerial council followed by a presentation of a ... Read More