Keywords: Pension
Spain continues to attract many expatriates looking to retire, with its favorable climate, picturesque coastline, and vibrant culture. However, rising living costs, including soaring housing prices, inflation, and increased taxes, have led to concerns about the true affordability of retiring in this......
A recent survey conducted by market research group Sunergia has uncovered significant gaps in retirement planning among Moroccans, highlighting widespread inequalities in access to pension coverage. The findings reveal that while 59% of Moroccans benefit from employer-provided retirement plans, a staggering......
Morocco's commitment to public investment has shown remarkable growth, with allocations rising from MAD 52.3 billion ($5.1 billion) in 2015 to MAD 119.2 billion ($11.6 billion) in 2023, according to Zineb El Adaoui, First President of the Court of Accounts. In her presentation to parliament's......
Spanish energy retailer Factorenergia has announced the establishment of a 50-50 joint venture with a local partner in Morocco, positioning itself to capitalize on the country’s energy market as it moves towards liberalization. This expansion is part of the company's ongoing international growth......
Morocco’s 2025 Finance Bill introduces significant tax reforms, offering relief to retirees by gradually eliminating income tax on pensions and annuities. Starting in 2025, retirees will benefit from a 50% reduction in taxes, with a complete exemption slated for January 2026. Government spokesperson......
The French far-right party, Rassemblement National (RN), has announced its intent to support a censure motion against the government of Prime Minister Michel Barnier, unless an unlikely "last-minute miracle" occurs. This declaration, made by RN leader Jordan Bardella, underscores growing tensions......
In a bold move, Bloc Québécois Leader Yves-François Blanchet has announced his intention to collaborate with opposition parties to dismantle the current Liberal government following its failure to pass a crucial pension hike bill. This decision comes after the government did not......
In a decisive move, Boeing factory workers have opted to continue their strike, rejecting the company's latest contract offer that promised a 35% wage increase over four years. This decision, made by approximately 64% of the members of the International Association of Machinists and Aerospace Workers......
In a recent critical assessment, the Financial Stability Report highlights pressing issues within Morocco's pension sector, necessitating urgent reforms to ensure its future viability. The report, a collaborative effort by Morocco’s central bank Bank Al-Maghrib (BAM), the Moroccan Capital Market......
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