First Independent Mena Newspaper
The military-led governments of Mali, Niger, and Burkina Faso have unveiled plans to fund a new regional investment bank with a portion of their national tax revenues, signaling a deepening break from traditional financial partners and regional bodies. Each country will contribute approximately 5% of its annual tax revenues to the bank, which aims to […]
Morocco must intensify structural reforms and rethink its economic strategy to maintain resilience in the face of mounting climate risks, fiscal pressures, and social demands, according to the 2024 annual report from Bank Al-Maghrib. The report, presented to King Mohammed VI by the Bank’s Governor Abdellatif Jouahri, was released on the occasion of Throne Day. […]
Morocco has successfully established itself as a leading economic hub for Africa through strategic investments and active economic diplomacy, according to African Union Commission President Mahmoud Ali Youssouf. Speaking at a ceremony in Addis Ababa celebrating the 26th anniversary of King Mohammed VI’s accession to the throne, Youssouf highlighted Morocco’s transformative role in continental development. […]
Moroccans of all walks of life as well as all foreign visitors are impressed by the remarkable progress achieved by the country under the wise leadership of King Mohammed VI in all sectors including industry, green energy, healthcare, social protection… On this July 30, 2025, Morocco celebrates the twenty-sixth anniversary of King Mohammed VI’s ascension […]
Despite global industrial disruptions over the past decade, including the COVID-19 pandemic, geopolitical tensions, and post-pandemic inflation, Morocco’s aerospace sector has demonstrated remarkable resilience and growth. According to figures from the foreign exchange regulator, the country’s aerospace exports have more than tripled between 2014 and 2024, rising from 7.69 billion dirhams to 26.44 billion dirhams […]
While Morocco celebrates its status as an emerging nation, it still needs to elaborate “next generation” of reforms to ensure equal development across regions, with a particular attention to rural areas, King Mohammed VI said. Achievements Morocco, thanks to a forward-looking royal vision, has joined the ranks of “high human development” countries and reduced multidimensional […]
King Mohammed VI has called for a shift from traditional approaches to social development, to an approach that promotes integrated regional development, making it clear that today or at any time in the future, it is not acceptable for Morocco to be a two-speed country, and insisting on the need to adopt next-generation local development […]
Over the past years, under King Mohammed VI’s leadership, Moroccan diplomacy went full speed, gaining growing recognition for the autonomy plan as the only credible and lasting solution to the Sahara issue. The US recognition of Morocco’s sovereignty over the Sahara territory in 2020- as part of a trilateral deal involving the resumption of ties […]
King Mohammed VI received, on Tuesday at the Royal Palace in Tetouan, Governor of central Bank Abdellatif Jouahri, who presented to the Sovereign the Bank’s annual report on the Kingdom’s economic, monetary and financial situation in 2024. The royal audience was attended by Crown Prince Moulay El Hassan and Prince Moulay Rachid. In his address […]
The Moroccan government expects to cut its budget deficit to 3% of GDP in 2026, from 3.5% this year, as it continues to pursue fiscal consolidation and structural reforms, finance minister Nadia Fettah Alaoui said. The government expects to narrow the deficit thanks to tax reforms, while maintaining support for strategic investments and social programs, […]