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Keywords: Economic reform


Morocco Announces Comprehensive Wage and Tax Reform Package for 2025

The Moroccan government has unveiled a comprehensive wage and tax reform package set to take effect in 2025, aimed at boosting purchasing power and stimulating domestic consumption amid inflationary pressures. Starting January 1, 2025, the guaranteed minimum interprofessional wage (SMIG) will increase......

Morocco Eyes Real Estate Wealth Tax to Bolster Universal Social Protection

Morocco is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......

Ethiopia’s Bold Move: Ending 50 Years of Currency Control

In a historic shift, Ethiopia has ended its half-century-long control over the birr, its national currency. Driven by unmanageable debts and dwindling foreign reserves, this decision marks a significant turning point for the Horn of Africa nation. In July 2023, Ethiopia liberalized its exchange rate......

Accelerating Morocco's Reform Agenda: A Catalyst for Economic Growth

The International Monetary Fund (IMF) has urged Morocco to expedite the implementation of its structural reform program to bolster economic growth and ensure sustained fiscal stability. During a recent mission to Rabat, IMF officials, led by Deputy Director Roberto Cardarelli, acknowledged Morocco's......

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