Keywords: Finance
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......
Morocco’s Parliament has approved the 2025 Finance Bill (PLF 2025) during its second reading. The bill secured 178 votes in favor, with 57 against and no abstentions. Several amendments were introduced and favorably received by the government, reflecting its commitment to economic and social reform. Key......
The World Bank has unveiled an unprecedented commitment to aid the world's poorest countries, raising nearly $24 billion in new funds. This initiative will allow the bank to leverage these resources, unlocking a remarkable total of $100 billion in loans and grants. The goal is to address the pressing......
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......
BANK OF AFRICA has solidified its reputation as an innovation leader with the launch of the first fully digital and collaborative platform dedicated to Supply Chain Finance (SCF) in Morocco. This groundbreaking solution is accessible to both buyers and suppliers, transforming financial flow management......
Morocco has reinforced its diplomatic leadership on the global stage during the Annual Summit of the International Forum of Sovereign Wealth Funds (IFSWF), held in Muscat from November 3 to 6. With the renewed presidency of Ithmar Capital on the Board of Directors for a second three-year term, the Kingdom......
In response to a request from Morocco's Ministry of Economy and Finance, the African Development Bank (AfDB) is preparing to approve a technical assistance program aimed at promoting public-private partnerships (PPPs) in the country. The primary objective of this support is to assist in the implementation......
In a meeting held on Tuesday, the Finance and Economic Development Committee at the House of Representatives discussed several proposed amendments to Morocco's 2025 Finance Bill (PLF), which primarily focus on customs and fiscal measures. These amendments were reviewed in the presence of the Minister......
Aziz Akhannouch, the Head of the Moroccan Government, is leading the country’s delegation at the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC), taking place in Azerbaijan. On Tuesday, Akhannouch was warmly welcomed at Baku’s Olympic......
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