Business Emerging Markets Headlines Morocco

Drought continues to weight on Morocco’s job market

Drought continues to slash jobs in rural areas leading to the surge of the unemployment rate to 13.3% in 2024, compared with 13% in 2023, the statistics agency HCP said. The number of unemployed people in Morocco reached 1.638 million people last year, ringing the alarm bell for the government. The unemployment rate was notably […]

Business Emerging Markets Headlines Morocco

Green Plan helped Morocco offset some drought impact- PM says

Head of the Moroccan government Aziz Akhannouch defended his cabinet bill with regards to agriculture input highlighting the rewards of the Green Plan launched in 2008 amid fierce critics by the opposition which laments a lack of “full food sovereignty” and a predominance of exports over satisfying domestic market needs. Speaking at a parliamentary session, […]