Tag: Central Bank report
Finance Headlines Morocco

Morocco: Economy achieved outstanding performance in 2021, Central Bank says

North Africa PostComments Off on Morocco: Economy achieved outstanding performance in 2021, Central Bank says

King Mohammed VI received Saturday at the Royal Palace of Rabat, Abdellatif Jouahri, Governor of Bank Al Maghrib, who presented to the Sovereign the central bank’s annual report on the economic, monetary and financial situation for the year 2021. In an address before the Monarch, Jouahri said that despite a difficult international context, the Moroccan […]
Business Headlines Maghreb Morocco

Lack of job opportunities push many Moroccans to informal economy- Central Bank

North Africa PostComments Off on Lack of job opportunities push many Moroccans to informal economy- Central Bank

Fewer job opportunities meant that many people had to seek jobs at Morocco’s large informal economy leaving many young people in vulnerable conditions, the central bank said in its annual report. The coronavirus pandemic has revealed the scale of the underground economy, which showed that 5 million households, representing more than half the Moroccan population, […]