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Keywords: Economic
In the midst of a global struggle for influence across Africa, Morocco has emerged as a key player, unveiling a groundbreaking initiative in November 2023 to catalyze economic growth in the Sahel region. Under the visionary leadership of His Majesty King Mohammed VI, this ambitious plan seeks to establish......
Despite confronting economic challenges in 2023, Morocco's auto industry demonstrated remarkable resilience by maintaining sales figures comparable to the previous year, as disclosed in data unveiled on Monday by the Association of Vehicle Importers (AIVAM). AIVAM President, Adil Bennani, revealed......
Morocco's inflation rate saw a welcome decline to 6.1% in 2023, down from the previous year's 6.6%, as reported by the latest data from the country's official statistics agency. This modest deceleration signals a potential respite after two years of steadily rising prices that have strained......
In the face of a nuanced economic landscape, Morocco demonstrates promising signs of growth, particularly in household consumption, despite encountering various challenges. A recent report from the High Commission for Planning (HCP) projects a 1.2% expansion in household spending during the first quarter......
Morocco is making substantial strides in its ambitious pursuit of renewable energy development and the strengthening of economic ties across Africa, as recently revealed by the Polish renewable energy firm, Green Capital. Green Capital has pinpointed four strategically advantageous locations within......
Morocco is poised to experience a slowdown in economic growth in the upcoming months, as highlighted by the recent report from the country's statistics office, Haut-Commissariat au Plan (HCP). The agency projects a modest annual growth rate of +2.4% for the first quarter of 2024, signaling a decline......
Morocco's economic growth is expected to decelerate in the upcoming months due to prolonged drought conditions severely impacting the farming industry, states a recent report by the High Commission for Planning. According to the report released on Thursday, Morocco's GDP growth is anticipated......
Rabat - In a significant move, the Moroccan government has enacted comprehensive reforms aimed at removing constraints on foreign exchange transactions and enhancing the efficiency of international business operations. Effective from January 2nd, the new General Instruction on Foreign Exchange Operations......
Recent amendments to Morocco’s customs code aim to streamline litigation procedures for questionable goods not physically seized. By easing the transaction process for these disputed items declared openly without seizure, customs authorities hope to boost tax and duty recovery while still protecting......
