Keywords: Economy
New trends include links to sports betting, pyramid schemes, and cryptocurrency transactions. The Moroccan Financial Intelligence Unit (ANRF) has documented a sharp 31.48% increase in cases of money laundering and terrorism financing in 2023, as revealed in its latest annual report. A total of 71 cases......
The BBNJ Agreement, focused on the conservation and sustainable use of marine biodiversity in areas beyond national jurisdiction, marks a significant milestone in the protection and sustainable management of ocean resources. The agreement is seen as a critical tool for addressing the challenges facing......
Millions of Moroccan workers remain excluded from the national social security system, causing significant economic and social challenges. Hicham Sabri, the Secretary of Employment, highlighted the issue during a parliamentary session, revealing that the country loses approximately MAD 5 billion ($500......
Morocco has welcomed 15.9 million tourists in the first 11 months of 2024, marking an impressive 20% growth compared to the same period in 2023. This surge brought an additional 2.6 million visitors, according to the Ministry of Tourism, Handicrafts, and Social and Solidarity Economy. The increase is......
Artificial intelligence (AI) has become a central focus in global economic and technological discussions. While countries like the United States, China, and India have taken significant strides, Morocco is actively embracing AI's transformative potential. According to Amin Raghib, a modern technology......
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......
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