Keywords: Economic growth
In the third quarter of 2023, Morocco's national economic growth experienced a significant upswing, reaching 2.8% compared to the 1.7% recorded during the same period in 2022, as reported by the High Commission for Planning (HCP). This positive development is attributed to a 2.7% increase in non-agricultural......
In a remarkable achievement, the Moroccan craft sector continues its outstanding performance, reaching a staggering 984 million dirhams by the end of November 2023, marking a notable 7% increase from the previous year. Minister of Tourism, Craftsmanship, and Social and Solidarity Economy, Fatim-Zahra......
In a strategic move aimed at optimizing financial resources, the Moroccan Treasury and External Finance Department (DTFE), operating under the purview of the Ministry of Economy and Finance, unveiled a groundbreaking initiative on Monday to invest MAD 2.4 billion in cash surplus. This innovative endeavor......
In a dazzling display of growth and significant advancements, Morocco's automotive industry has soared to unprecedented heights, marking an exceptional year for the sector. According to the monthly indicators of foreign trade by the Office des Changes, automotive sales witnessed a staggering 30.5%......
In a promising outlook for the Moroccan economy, Bank Al-Maghrib (BAM), the country's central bank, has projected a growth rate of 2.7% for the year 2023, with further improvements anticipated in the following years. The latest quarterly meeting of BAM has illuminated the positive trajectory, indicating......
Morocco is intensifying its efforts to bolster regional empowerment through the advanced regionalization plan, as highlighted by top senator Enaam Mayara. Addressing a parliamentary forum last week, the Speaker of the House of Councilors called upon stakeholders to strategize ways to expedite the comprehensive......
The African Development Bank (AfDB) has allocated €246 million to fund the construction of the strategic Guercif-Nador highway in Morocco. This initiative is poised to revolutionize transportation infrastructure and catalyze economic growth. The funding package comprises €200 million from......
A strategic alliance is set to unlock the full potential of Senegal's National Digital Technologies Park (PTN) through the expertise and vision of Morocco. Ewane, a leading player in rental housing and an affiliate of Morocco's esteemed Caisse de Dépôt et Gestion (CDG) Group, has......
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