Headlines Morocco

Morocco: King Sacks Minister of Economy & Finance

King Mohammed VI has sacked Minister of Economy and Finance Mohammed Boussaid. In accordance with the provisions of Article 47 of the Constitution, King Mohammed VI, after consulting the Head of Government, has decided to dismiss Mr. Mohammed Boussaid, as Minister of Economy and Finance, a statement from the Royal Office said Wednesday. The royal […]

Finance Headlines Morocco

Morocco: Flexible Exchange Rate won’t Affect Purchasing Power- Officials say

Almost one week after the launch of the Dirham float, head of Morocco’s central bank, Abdellatif Jouahri, and Economy and Finance Minister, Mohammed Boussaid, reassured that the flexible exchange rate will not lead to price hikes. Speaking at a joint session of the two houses of Parliament, the two officials offered briefings on the launch […]

Headlines Morocco

Madagascar Welcomes King Mohammed VI

After a fruitful visit to Ethiopia, King Mohammed VI arrived in Madagascar, the land where his grandfather, late King Mohammed V, was exiled by the French protectorate in the early fifties of the past century. The visit is part of Morocco’s Africa foreign policy which aims at establishing a south-south cooperation model underpinned by solidarity […]