X

Keywords:


Morocco's Economic Landscape: Southern Regions Lead in GDP Per Capita, Highlighting National Disparities

Morocco's economic landscape reveals significant regional variations, with five regions surpassing the national average GDP per capita of 36,284 Moroccan dirhams (MAD) in 2022, according to a recent report from the High Commission for Planning (HCP). The southern region of Dakhla-Oued Eddahab stands......

Moroccan Gas Price Increase Sparks Public Outcry Amid Subsidy Cuts

A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......

Morocco's Economy Demonstrates Fortitude Amid Global Headwinds

Morocco's economic landscape in 2023 painted a picture of resilience and adaptability, as the nation navigated through a complex web of global and domestic challenges. The World Bank's latest report sheds light on the country's economic performance, revealing a commendable 3.4% increase in......

Moroccan Economic Landscape: Dissatisfaction Prevails, Yet Optimism Glimmers

Amidst the lingering reverberations of the coronavirus pandemic, a recent survey conducted by the Arab Barometer has unveiled a disheartening reality: only one-third of Moroccans hold a positive view of their nation's economic situation. This sobering statistic resonates through the findings of the......

Morocco's Trade Deficit Narrows as Import Costs Drop

Morocco's persistent trade deficit is showing signs of improvement as the cost of imports declines while exports continue to rise. According to the latest figures from the Office d'Exchange (OE), the trade imbalance contracted by 14% in March 2024, with import costs falling by 4% year-over-year......

Morocco Primes for Next Phase of Exchange Rate Flexibility

In a move poised to further liberalize Morocco's economy, Finance and Economy Minister Nadia Fettah Alaoui has signaled the nation's readiness to advance to the next stage of its flexible exchange rate regime. In an interview with SkyNewsArabia on Monday, Alaoui spoke optimistically about the......

Moroccan Economy Set for Steady Growth: Central Bank Forecasts 2.7% Expansion in 2023

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......