First Independent Mena Newspaper
Morocco is moving to secure its national cereal stocks after an exceptional harvest. The Council of Government adopted a new draft decree presented by the Minister of Economy and Finance concerning soft wheat and its derivatives, which extends the collection of import duties on soft wheat and derivatives, along with their suspension. The move gives […]
Morocco is moving forward on electricity interconnection projects with Spain, Portugal and France, while holding firm on terms in separate talks with Sila Atlantik which advocates a $30 billion subsea cable to export renewable energy to Germany. The Sila Atlantik project, a proposed 4,800-kilometer subsea cable that would carry up to 15 gigawatts of Moroccan […]
Cash in circulation in Morocco rose 18.5% year-on-year to 491 billion dirhams (53.9 billion dollars) in 2025, highlighting the economy’s continued reliance on cash despite efforts to expand digital payments, according to Morocco’s central bank. Cash in circulation was equivalent to 28.5% of gross domestic product, the central bank said in its annual report, warning […]
Morocco’s Minister of Economy and Finance, Nadia Fettah, presented parliament with an update on the execution of the 2026 budget law and the government’s fiscal roadmap for 2027-2029, built around three themes: the economic outlook, the state of public finances at mid-year, and budget priorities for the next three years. The government now expects growth […]
Morocco’s quarterfinals campaign during the 2026 FIFA World Cup, alongside the strong performances of other African national teams in the tournament’s advanced stages, is “a source of pride and honor for all Africans,” the President of the Confederation of African Football (CAF), Patrice Motsepe, said. “The fact that a national team has the honor of […]
Moroccan foreign Affairs minister Nasser Bourita is representing King Mohammed VI at the African Union Extraordinary health Summit which opened Wednesday in Accra (Ghana) to discuss inter-African cooperation to end AIDS & TB and Improve maternal health by 2030. The two-day summit opened with calls for stronger political commitment, sustainable health financing, resilient health systems, […]
The government of Ghana has expressed strong support for Morocco’s Autonomy plan offered for the Sahara under the Kingdom’s sovereignty saying the plan is “the only realistic and lasting basis for reaching a mutually acceptable solution” to the Sahara issue. The supportive stand comes in the joint statement issued following the talks held Tuesday in […]
Morocco’s labor market showed renewed vigor in 2025, buoyed by stronger economic growth, according to Bank Al-Maghrib’s annual report presented to King Mohammed VI. Job creation more than doubled from the previous year and unemployment edged down slightly, but the central bank cautioned that the improvement remains insufficient to meaningfully rebalance the labor market, with […]
Morocco’s central bank has, for the first time, quantified the banking channel through which public financing crowds out credit to private companies. In its 2025 annual report, based on data spanning 2001 to 2025, Bank Al-Maghrib estimates that a one-point-of-GDP increase in public assets held by banks is associated, over the long term, with a […]
Moroccan minister of foreign Affairs Nasser Bourita was received Tuesday in Accra by President of Ghana John Dramani Mahama on the sidelines of the 2nd meeting of the Morocco-Ghana Joint Cooperation Committee held in this West African country. On this occasion, the Ghanaian President conveyed his fraternal greetings to King Mohammed VI and praised the […]