Keywords: Economy
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......
The Moroccan Treasury is currently experiencing a surplus of funds, as announced by the Treasury and External Finance Department (DTFE) under the Ministry of Economy and Finance on Wednesday. A noteworthy influx of nearly 5 billion Moroccan dirham (approximately $500 million) in new short-term investments......
CAIRO - Egyptian President Abdel Fattah al-Sissi has secured a commanding win in the recent election, clinching an impressive 89.6% of votes amidst severe economic challenges and regional turbulence affecting the Arab world's most populous nation. The electoral commission officially declared the......
The General Confederation of Moroccan Enterprises (CGEM) has voiced its frustration regarding the sluggish pace of reforms in Morocco. In an article published in L’Economiste on Monday, December 18th, CGEM President Chakib Alj emphasized the urgent need to expedite stalled reforms, citing a growing......
Despite an expected 17% reduction in olive production during the 2023-2024 season, Morocco's Oriental region continues to be a significant producer, projecting a harvest of 208,000 metric tons of olives. Unfavorable weather conditions have adversely affected yields, leading to increased production......
The Moroccan government is making a bold play in the realm of short-term investments to invigorate economic growth. In a recent move, the nation's Treasury and External Finance Department injected a substantial sum of 1.9 billion Moroccan dirhams (equivalent to almost $195 million) into overnight......
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