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Economy



Morocco’s 2026 finance bill tackles informality and boosts local industries

Morocco’s draft 2026 Finance Bill introduces sweeping reforms designed to strengthen economic sovereignty, modernize customs oversight, and provide targeted support for local industries. The proposals aim to combat informal activities, incentivize sports enterprises, and align the country with......

Morocco positions itself as a key player in “open regionalism”

Geneva, October 22, 2025 — Morocco is emerging as a model of “open and competitive regionalism,” combining trade openness with regional and international partnerships to navigate the uncertainties of global trade policies, Minister of Industry and Trade Ryad Mezzour said Tuesday in......

Meknès approves 43 youth entrepreneurship projects under INDH initiative

Meknès, October 22, 2025 — The Provincial Human Development Committee (CPDH) of Meknès has approved 43 new projects under the “Youth Business Leadership” program, part of Morocco’s National Initiative for Human Development (INDH). With a total investment of 4.4......

Morocco to boost child support in 2026 under expanded welfare initiative

Morocco is preparing to raise monthly child allowances in 2026 as part of a broader expansion of its direct social support program for low-income families. The plan also extends assistance to orphans and neglected children living in social care institutions, reinforcing the country’s commitment......

Direct Social Aid: Rejection rate remains below 1.3% each month in 2025

The Moroccan Minister of Economy and Finance, Nadia Fettah, announced on Monday that less than 1.3% of applications for direct social aid have been rejected each month throughout 2025. Speaking before the House of Representatives, Fettah explained that the number of beneficiary households has reached......

Morocco reforms check laws to support businesses and modernize economy

Morocco has implemented a groundbreaking reform of its commercial code, eliminating automatic jail sentences for issuing checks without sufficient funds. The new approach emphasizes payment resolution, debt regularization, and economic responsibility, marking a shift from punitive measures to a more......

Morocco increases defense budget to $15.7 billion for 2026

Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......

Morocco’s 2026 Budget Bill aims to create nearly 37,000 public sector jobs

Morocco’s draft Finance Bill for 2026 sets forth a plan to create 36,895 new public sector positions across various ministries and state institutions, forming a central part of the government’s recruitment strategy for the next fiscal year. Of these, 500 positions will fall under the direct......

Royal Air Maroc and China Eastern Airlines strengthen Africa-China air links

Morocco’s national carrier Royal Air Maroc (RAM) and China Eastern Airlines have signed a strategic memorandum of understanding (MoU) to enhance air connectivity between Africa and China. The agreement, signed by RAM CEO Hamid Addou and Wang Zhiqing, Chairman of China Eastern Airlines, aims to......

Morocco’s digital service exports rise as global outsourcing demand grows

Morocco’s digital exports achieved strong growth in the first half of 2025, reaching 13.4 billion dirhams by the end of June, according to preliminary data from the Office des Changes. This marks a 3.5% increase compared to the same period in 2024, underscoring the country’s growing prominence......

Al Omrane enhances commercial strategy to boost performance and impact

The public housing and urban development holding, Al Omrane, is embarking on an extensive modernization of its commercial and marketing functions. This initiative aims to optimize customer acquisition, retention, and debt recovery while establishing a cohesive brand architecture and a more efficient......

Tarik Senhaji appointed as new President of the Moroccan Capital Market Authority (AMMC)

Tarik Senhaji has been appointed as the new President of the Moroccan Capital Market Authority (AMMC). His nomination was made by HM King Mohammed VI, upon the proposal of the Head of Government and at the initiative of the Minister of Economy and Finance. Senhaji succeeds Nezha Hayat, who recently......

African aviation chief urges tax reform to curb youth exodus and boost jobs

Africa’s aviation industry faces a crisis of over-taxation that threatens to deepen youth unemployment and migration across the continent, according to Esayas Woldemariam Hailu, CEO of ASKY Airlines. Speaking at a World Bank summit in Washington, D.C., Hailu warned that excessive levies on airline......

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