Asia Finance Headlines International Morocco

Morocco Gets over $14 Million from China to Fund Public Projects

China has agreed to provide Morocco an economic and technical assistance worth over $14.5 million destined to finance public projects to be decided by the two partner countries. An agreement was signed in this regard Tuesday in Rabat by Moroccan minister of economy and finance Mohamed Benchaaboun and Chinese ambassador in Rabat LI L. Speaking […]

Asia Finance Headlines International Morocco

Marrakech to Host 44th Annual Meeting of Islamic Development Bank

The Islamic Development Bank (IDB) will convene its 44th annual meeting in Marrakech April 3-6 to discuss challenges and explore opportunities facing IsDB Group member countries. The announcement of the venue was made Thursday by Moroccan Minister of Economy & Finance Mohamed Benchaaboun during the Public-Private Partnerships Forum 2019 organized by the IsDB in Rabat. […]

Finance Headlines Morocco

Social Services Feature Prominently in Morocco’s 2019 Appropriation Bill

The 2019 appropriation bill prepared by the Moroccan government and submitted for the approval of the parliament increases spending on social services, the reduction of social and spatial disparities as well as the promotion of enterprises. To that end, the government planned to spend an additional 7 billion dirhams as the budget dedicated to education […]

Finance Headlines Morocco

Morocco to Write off Debt of Young Entrepreneurs

The Moroccan government will support young entrepreneurs by canceling their debts owed to the State provided the overall or the remaining amount is less than $5000. The move was unveiled on Monday by Economy and Finance Minister Mohamed Benchaaboun while presenting the 2019 draft finance bill to the Parliament. It seeks to help young entrepreneurs […]