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Despite facing a tapestry of challenges, Morocco's economy demonstrated resilience in 2023, achieving a 3.4% growth rate. This was detailed in the Bank Al-Maghrib's annual report, presented to King Mohammed VI on Monday. The report from Morocco’s central bank provided a comprehensive overview......
A Year of Challenges and Triumphs In a year marked by significant adversity, Morocco's economy showcased remarkable resilience. Despite navigating inflationary pressures, severe drought, and the aftermath of a devastating earthquake, the North African nation recorded a notable 3.4% growth rate in......
In a decisive press conference on Tuesday, Bank Al-Maghrib Governor Abdellatif Jouahri delivered a sobering assessment of Morocco's readiness to transition to a flexible exchange rate regime. Despite notable macroeconomic progress, Jouahri emphasized that the nation's economic landscape, particularly......
In a bold move to address Morocco's burgeoning cash economy, the country's central bank, Bank Al-Maghrib (BAM), has established a high-level committee tasked with tackling the unprecedented surge in cash circulation. This initiative comes as Morocco grapples with a staggering MAD 430 billion......
In a move poised to further liberalize Morocco's economy, Finance and Economy Minister Nadia Fettah Alaoui has signaled the nation's readiness to advance to the next stage of its flexible exchange rate regime. In an interview with SkyNewsArabia on Monday, Alaoui spoke optimistically about the......
In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......
In the course of its recent studies on public figures, key economic and political players holding a prominent position in the Moroccan media scene, the specialized company "Imperium" has revealed new and precise data and statistics on significant faces that have graced the headlines in the......
Abdellatif Jouahri, the Governor of Bank Al-Maghrib, has been honored as the "Best Central Banker in Africa for 2024" by "The Banker," a London-based financial and international affairs magazine affiliated with "The Financial Times" group. The prestigious "The Banker's......
Morocco is on the verge of a significant regulatory breakthrough in the realm of crypto assets, as it works on a new bill aligning with recommendations from the latest G20 Summit. Governor Abdellatif Jouahri of Bank Al-Maghrib (BAM), the central bank of the Kingdom, unveiled this progressive development......