Keywords: Challenges
As the world increasingly leans towards digital solutions, the concept of Central Bank Digital Currencies (CBDCs) has gained momentum. Yet, while some nations have ventured into this realm, success stories remain elusive. With Morocco poised to introduce the e-Dirham, questions arise about its potential......
Morocco is grappling with a severe cost-of-living crisis, deeply affecting hunger and anemia rates among young women. Despite post-COVID economic growth, inflation has strained middle and lower-income families, leading to increased food insecurity. Economic Struggles and Food Scarcity The UN’s......
Rising Government Spending Overshadows Revenue Gains As of July 2024, Morocco's budget deficit has expanded to MAD 35.2 billion ($3.56 billion), up from MAD 27.7 billion ($2.8 billion) in the same period last year, according to the Treasury General of the Kingdom (TGR). The deficit includes a positive......
The United States Air Force is confronting significant challenges that jeopardize its operational readiness and ability to address emerging global threats, especially in potential conflicts such as those with China over Taiwan. Recent reports and analyses, including those from the Mitchell Institute......
In a recent critical assessment, the Financial Stability Report highlights pressing issues within Morocco's pension sector, necessitating urgent reforms to ensure its future viability. The report, a collaborative effort by Morocco’s central bank Bank Al-Maghrib (BAM), the Moroccan Capital Market......
In a landmark decision, Morocco’s Supreme Scientific Council has issued a fatwa permitting Moroccan pilgrims to bypass Mina and proceed directly to Arafat on the ninth of Dhul-Hijjah, addressing logistical and physical challenges faced during the Hajj pilgrimage. The announcement, made public......
In a concerning development for the Paris Olympic Games, organizers have been compelled to cancel open water swimming training in the River Seine due to pollution concerns. This decision, announced early Tuesday, marks the fifth cancellation since the Olympic Games commenced on July 28, casting a shadow......
In a dramatic pivot, Intel has announced a significant reduction in its workforce, shedding 15,000 jobs, amounting to over 15% of its current employees. In a memo dispatched to employees on Thursday, the tech giant disclosed this substantial workforce cut as part of a broader strategy to reduce expenditures......
As Morocco commemorates the 25th anniversary of Throne Day, the spotlight turns to the significant efforts of King Mohammed VI in championing the empowerment of the Moroccan diaspora. The monarch’s dedication to fostering positive reforms and supporting Moroccans abroad has been a recurring theme......
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