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Keywords: Economic growth


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......

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......

Tangier-Tétouan-Al Hoceima's Investment Boom: A Catalyst for Morocco's Economic Growth

The Tangier-Tétouan-Al Hoceima region of Morocco is experiencing a remarkable surge in economic activity, with approved investments reaching an impressive 69 billion dirhams in the first nine months of 2024. This significant influx of capital positions the region as a key player in Morocco's......

Morocco's 2025 Financial Roadmap: King Mohammed VI Unveils Ambitious Plan for Economic Growth and Social Progress

In a significant move towards economic revitalization and social advancement, King Mohammed VI of Morocco presided over a pivotal Council of Ministers meeting at the Royal Palace in Rabat. The gathering focused on the nation's 2025 Finance Bill, which outlines a comprehensive strategy to boost Morocco's......

Morocco's Industrial Renaissance: A Quarter-Century of Economic Transformation

Morocco's industrial sector has undergone a remarkable transformation over the past 25 years, positioning the country as a major player in global manufacturing and trade. Head of Government Aziz Akhannouch, speaking at the second edition of Morocco's National Industry Day, highlighted the nation's......

Casablanca Stock Exchange Ushers in New Era with Appointment of Veteran Banker as Chairman

The Casablanca Stock Exchange (CSE) has entered a new phase of leadership with the appointment of Brahim Benjelloun Touimi as Chairman of the Board of Directors. This strategic move, approved by the board on October 14, marks the beginning of a two-year term that promises to shape the future of Morocco's......

Morocco's Tourism Boom: 13.1 Million Visitors Signal Strong Economic Recovery

Morocco's tourism sector is experiencing a remarkable resurgence, with visitor numbers soaring to 13.1 million by the end of September 2024. This impressive figure represents a substantial increase of approximately two million tourists compared to the same period in 2023, according to recent data......

Strengthening Ties: Nasser Bourita and Fernando Clavijo Discuss Issues in Rabat

In a significant diplomatic engagement, M. Nasser Bourita, Morocco's Minister of Foreign Affairs and International Cooperation, held constructive discussions today in Rabat with M. Fernando Clavijo, President of the Government of the Canary Islands. The meeting focused on various topics of mutual......

German and Chinese Firms Secure Crucial Contracts for Morocco's High-Speed Rail Project

Morocco's national railway operator, ONCF, has awarded significant contracts to German and Chinese companies for the supply of essential components in the country's ambitious high-speed rail expansion project. This development marks a major step forward in enhancing Morocco's transportation......

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