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Keywords: Economic


King Mohammed VI appoints new cabinet led by Aziz Akhannouch: A strategic shift in Moroccan governance

His Majesty King Mohammed VI has officially appointed the second iteration of Aziz Akhannouch's government, unveiling a cabinet that blends fresh faces with experienced officials. This announcement, made on Wednesday, signifies a pivotal moment in Morocco's political landscape as the nation grapples......

French President's Morocco Visit Marks New Chapter in Franco-Moroccan Relations

In a significant diplomatic development, French President Emmanuel Macron is set to undertake a three-day state visit to Morocco from October 28-30, marking a crucial turning point in relations between Paris and Rabat. The visit, which comes at the invitation of King Mohammed VI, represents the first......

Morocco's Economic Progress: Significant Gains in Global Inequality Rankings Amid Persistent Challenges

Morocco has achieved a remarkable improvement in its global inequality standings, advancing 30 positions to secure the 73rd spot among 164 nations in the 2024 Commitment to Reducing Inequality Index, according to a joint report by Oxfam and Development Finance International (DFI). The North African......

Morocco's Strategic Health Tax Reform: Balancing Public Wellness with Economic Growth

Morocco's parliament is taking bold steps toward modernizing its tax system through a comprehensive Finance Bill that targets consumable goods with significant public health implications. The proposed legislation, discussed in a recent ministerial council session led by King Mohammad VI, aims to......

Morocco's Economic Trajectory: IMF Projects Steady Growth Through 2025

Morocco's economy is set for a calculated upswing, with the International Monetary Fund (IMF) forecasting growth rates of 2.8% in 2024 and 3.6% in 2025, signaling a gradual but promising recovery for the North African nation. The latest "World Economic Outlook" report presents an encouraging......

U.S. Development Finance Corporation Set to Boost Economic Ties with New Office in Rabat

The U.S. International Development Finance Corporation (DFC) is set to establish a new office in Rabat, Morocco, in December 2024, marking a significant step in enhancing economic collaboration between the United States and Morocco. This initiative aligns with a broader strategy announced during a tripartite......

Morocco Secures Major Foreign Investments While Preparing for Global Sports Events

Morocco's economic landscape is experiencing significant transformation, marked by substantial foreign investments and ambitious infrastructure developments. The nation's strategic focus on automotive manufacturing and green hydrogen initiatives is reshaping its industrial sector, while preparations......

Estonia and Morocco Unite to Advance Digital Governance Innovation

Estonia's Foreign Minister Margus Tsahkna's recent diplomatic mission to Morocco marks a significant shift in the relationship between these two nations, as they explore unprecedented opportunities in digital transformation and strategic cooperation. Strategic Vision for Digital Partnership During......

Spain and Morocco Eye Customs Reopening: A Strategic Move to Boost Ceuta and Melilla's Economies

The Spanish Parliament has reignited discussions regarding the potential reopening of commercial customs at the borders of Ceuta and Melilla with Morocco, a matter that has garnered significant attention during a session held on Tuesday. This initiative, spearheaded by the Popular Party (PP), aims to......

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