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Keywords: Economy
Morocco's economy demonstrated significant resilience and growth in 2023, with the nation’s Gross Domestic Product (GDP) reaching MAD 1.463 trillion (approximately $146 billion USD), marking a 10% increase compared to the previous year, according to the High Commission for Planning (HCP). Economic......
A recent report from the World Bank Group, International Debt Report 2024, reveals that Morocco's external debt surged to $69.267 million in 2023, a significant increase from $27.3 million in 2010. The report provides an in-depth analysis of the debt’s composition and the conditions of Morocco’s......
Morocco’s Ministry of Economy and Finance is exerting pressure on tobacco companies to raise cigarette prices following disappointing revenue collections from the Domestic Consumption Tax (TIC) on manufactured tobacco. Sources within the ministry indicate that these tax revenues have fallen below......
The Moroccan Competition Council has launched an official investigation into pricing and trading practices in the poultry feed sector and related markets. This move follows growing public discontent over escalating poultry prices, which have reached MAD 30 (USD 3) per kilogram—triple the price......
Morocco Achieves Major Milestone with Vice-Presidency of GFIA Morocco has achieved a landmark in the global insurance sector, with Bachir Baddou’s election as Vice President of the Global Federation of Insurance Associations (GFIA). The election, held during the GFIA General Assembly in Cape Town......
The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......
What makes a city irresistible? Is it the hum of opportunity, the promise of a better life, or the quiet allure of green spaces and clean streets? As Africa’s cities continue to grow, fueled by rapid urbanization, a select few stand out as beacons of opportunity and innovation. Jeune Afrique’s......
Morocco has introduced temporary anti-dumping tariffs on canned tomato imports from Egypt following an investigation by the Ministry of Trade and Industry. This move responds to a complaint from the National Federation of Food Industries, highlighting concerns about unfair trade practices affecting the......
The Finance, Planning, and Economic Development Committee of the House of Councillors has officially approved the first part of the 2025 Finance Bill. This decision came after a majority vote on Monday, with the proposal passing 12 votes in favor, 2 against, and one abstention. The government responded......
