First Independent Mena Newspaper
The decision by King Mohammed VI to fire Economy and Finance Minister Mohamed Boussaid continues to draw the attention of the Moroccan media and analysts who have been trying to find other interpretations of such a decision. The Royal palace said in a statement that Boussaid was dismissed in line with Article 47 of the […]
After a meagre growth rate of 1.2% in 2016 as a result of disappointing crop year, Morocco expects its economy to expand by 4.8% amid promising macro-economic indicators said minister of Economy and Finance, Mohamed Boussaid. The minister, who was presenting a report on the progress of the implementation of the 2017 budget in a […]
Morocco and the Kuwaiti Fund for Arab Economic Development signed a financing agreement of the second phase of the high-speed train TGV worth 474 million Dirhams. This loan attests to the strong partnership between the two countries and the interest of Kuwait in Morocco’s strategic development projects, said Morocco’s economy and finance minister Mohamed Boussaid […]
Stability is the cornerstone of any sustainable development in the Arab world, said Moroccan Economy Minister Mohamed Boussaid, affirming that political and economic stability will enable the Arab world to take up all challenges. Addressing a conference on Middle East’s economic future in Doha, the minister called on countries in the region to foster their […]
Moroccan government on Monday cut its economic growth forecast for this year to less than 2 percent from 3 percent, as the North African kingdom experiences its worst drought in three decades. Morocco’s economy grew 4.7 percent year-on-year in the fourth quarter of 2015, up from 2.2 percent in the similar 2014 period thanks to […]
Morocco’s 2014 Finance Act is seeking to tackle the issue of prevalent high unemployment while still faced with unfavorable global economic conditions. Although about 140,000 new positions have been created in recent months, the unemployment rate in the country hovers around 8 percent, while the rate reaches almost 18 percent among graduates and about 20 […]