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Addressing Morocco's Escalating Water Crisis Amidst a 67% Rainfall Deficit

Morocco is currently grappling with a severe water crisis, with Minister of Equipment and Water, Nizar Baraka, revealing a significant 67% deficit in rainfall over the past few months. Expressing deep concern during a recent session at the House of Representatives, Baraka highlighted the country's......

Navigating Challenges on Morocco's Path to Reform State-Owned Enterprises

Morocco embarked on an ambitious journey to reform its state-owned enterprises (SOEs) in 2018, aiming to streamline the public portfolio and enhance fiscal sustainability. However, the country faces persistent challenges, as revealed by the annual report from the Audit Court. The progress of the public-private......

Spain Applauds EU Migrant Pact as Crucial for Effective Border Management

Spanish Prime Minister Pedro Sanchez has lauded the recent European Union agreement to reform migration laws, emphasizing its critical role in enhancing Spain's ability to manage the influx of new arrivals and secure its borders. As one of the primary entry points into Europe, particularly through......

Morocco Secures Billions in Short-Term Investments, Reflecting Strong Fiscal Health

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......

Morocco Takes Center Stage at COP28 with Its Proactive Approach to Weather and Climate Risks

DUBAI - Morocco's prowess in preemptively addressing meteorological and climate risks took the spotlight during the COP28 climate conference on Saturday. Addressing a side-event in Dubai, Nizar Baraka, Morocco's Minister of Equipment and Water, underscored the pivotal role of national weather......

Morocco Maximizes Fiscal Gains with Budget Surplus Investment

Morocco's Treasury capitalizes on a favorable budget surplus this year, signaling a positive turn in the nation's economic landscape. On Tuesday, the Treasury and External Finance Department (DTFE) under the Ministry of Economy and Finance unveiled plans for a strategic investment, injecting......