Business Finance Headlines Morocco

Morocco braces for deepening budget, trade deficits on back of global economic uncertainties

The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]