Keywords: Finance
The Moroccan government finds itself in a favorable financial position, boasting surplus funds that are not lying dormant. The Treasury and External Finance Department, a branch of the Ministry of Economy and Finance, took decisive action this week by channeling an impressive 20.75 billion Moroccan dirhams......
Morocco's Customs procedures receive a significant facelift with the enactment of the 2024 Finance Law, introducing crucial amendments to the Customs Code. The implementation of streamlined electronic declaration procedures is poised to propel international commerce, allowing operators to submit......
In a pivotal stride toward fortifying Morocco's agricultural cooperative landscape, the 2024 Finance Law heralds an extended VAT exemption designed to invigorate the sector. This progressive measure not only seeks to slash operational costs but also aims to propel the competitiveness and expansion......
A recent government report has quantified the substantial socio-economic benefits of expanding access to early childhood education in Morocco. According to the results-based, gender-sensitive budget report from the Ministry of Economy and Finance, universalizing preschool for 4-5 year-olds could create......
As the population of Africa continues its rapid rise, the need to boost agricultural yields across the continent has never been more pressing. Meeting this challenge will require innovative solutions and multi-faceted approaches. OCP Africa, a subsidiary of the Moroccan phosphate giant OCP Group, is......
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......
As part of the momentum initiated by the "Innov Invest Fund (FII)," TAMWILCOM and the International Finance Corporation (IFC), a member of the World Bank Group, have recently announced a strategic partnership. The aim of this collaboration is to establish an acceleration program for startups......
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......
A stringent property tax measure outlined in Morocco's 2024 Finance Act is poised to significantly impact real estate and business sales transactions within the country. Sale contracts can no longer be drafted until the seller obtains tax clearance, marking a pivotal change in the legal landscape. The......
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