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Keywords: Economic


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......

US Dominates Morocco's Expanding Butane Market as Import Demands Surge

Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......

Morocco Projects $1.58 Billion Revenue from Tobacco and Alcohol Taxation in 2025 Economic Plan

Morocco's government has unveiled ambitious fiscal measures in its 2025 Finance Bill, targeting MAD 16.4 billion ($1.58 billion) in revenue through strategic taxation of tobacco and alcoholic beverages. This initiative forms part of a comprehensive economic growth strategy aimed at strengthening......

Morocco's Consumer Price Index Stabilizes as Core Inflation Climbs

Morocco's consumer prices held steady in September 2024, while core inflation continued its upward trajectory, according to the latest report from the High Commissioner of Planning (HCP). The data reveals a complex economic landscape marked by regional variations and sector-specific price fluctuations. Price......

Bridging Economies: Quebec and Morocco Forge New Paths for Collaboration

MONTRÉAL, October 21, 2024, In a significant move to bolster economic ties, the Council of Employers of Quebec (CPQ) and the General Confederation of Moroccan Enterprises (CGEM) have launched a week-long initiative welcoming a delegation of Moroccan entrepreneurs to Quebec. This visit aims to......

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