The International Monetary Fund (IMF) has announced the approval of a $496 million disbursement to Morocco under the Resilience and Sustainability Facility arrangement. This marks the third tranche of funding, bringing the total disbursed to approximately $1.24 billion. The announcement highlights Morocco's......

Morocco has firmly established itself as Spain’s foremost African trading partner, achieving remarkable bilateral trade figures in 2024. Recent data from the Spanish Ministry of Economy, Trade and Enterprise reveals that trade between the two nations surged to €22.7 billion, marking a significant......

Trade relations between Azerbaijan and Morocco are witnessing a remarkable upswing, with a reported 56% increase in trade volume during the first two months of 2025 compared to the same period in 2024. This surge, as reported by the Azerbaijani State Customs Committee, reflects a robust strengthening......

Morocco’s tax authority, La Direction Générale des Impôts (DGI), has issued a statement urging businesses to electronically submit their declarations for the year 2024 by April 1, 2025. This initiative emphasizes the importance of compliance, particularly for companies with......

Morocco’s transport sector is facing a pivotal challenge as traditional taxi unions call on the High Authority for Audiovisual Communication (HACA) to prohibit the airing of an advertisement for the ride-hailing app inDrive on public television channel 2M. The unions argue that this promotion undermines......

Morocco’s manufacturing industry, excluding petroleum refining, experienced a 5% growth in production during the final quarter of 2024 compared to the same period in 2023. This growth reflects the resilience and diversification of the country’s industrial base, driven by key sectors that......

The recent decisions made by the Trump administration to drastically reduce funding for foreign aid through USAID are poised to have significant implications for humanitarian and economic development in Morocco. With the administration cutting over 90% of its foreign aid contracts and grants, various......

The Moroccan Ministry of Industry and Trade has initiated an anti-dumping investigation concerning galvanized steel wire imports from Egypt and the United Arab Emirates (UAE). The move follows complaints lodged by local companies, which argue that these imports are being sold at artificially low prices,......

Morocco has witnessed significant public discourse surrounding exorbitant fish prices, particularly in its coastal cities. The Ministry of Agriculture and Fisheries reports remarkable outcomes from the seventh edition of the "Affordable Fish" initiative, launched on February 22, which has successfully......

In a stark financial revelation, Morocco's Treasury has reported a staggering budget deficit of MAD 21.1 billion ($2.1 billion) for February 2025. This figure marks a considerable increase from the MAD 3.8 billion ($0.38 billion) deficit recorded during the same period last year, highlighting a deteriorating......

Morocco’s treasury reports that customs revenues have demonstrated resilience in the early months of 2025, with net receipts reaching MAD 14.735 billion ($1.47 billion) by the end of February. This figure marks a 1.3% increase compared to the same period last year, showcasing the stability of Morocco’s......

Moroccan wholesale trade sector sees growth amid challenges for services Morocco’s wholesale trade sector demonstrated resilience in late 2024, with 36% of enterprises reporting an uptick in sales during the fourth quarter, as revealed by a survey conducted by the High Commission for Planning......

Morocco has emerged as the top-ranking country in North Africa according to the 2025 Economic Freedom Index, published by the Heritage Institute. The nation secured the 86th position globally, achieving a score of 60.3. Within the Middle East and North Africa (MENA) region, Morocco ranks seventh out......