Keywords: Morocco economy
Morocco is absorbing a sharp rise in global energy prices without allowing the shock to translate immediately into broad-based inflation. By the end of August, consumer prices had increased by just 0.3%, even as Brent crude climbed to around $116 a barrel on September 22. The contrast highlights the......
The outlook for Morocco’s economy remains relatively resilient despite growing volatility in global markets and heightened geopolitical uncertainty. Recent forecasts have pointed to continued expansion, supported by public investment, domestic demand and the gradual strengthening of non-agricultural......
Morocco’s economy expanded by 4% in the second quarter of 2026, according to the latest economic assessment by the High Commission for Planning (HCP). The figures point to a stronger contribution from primary activities, particularly agriculture, while industrial and other secondary-sector activities......
Morocco’s manufacturing sector experienced a significant contraction in the second quarter of 2026, with overall output declining by 4.5% year on year, according to data released by the High Commission for Planning (HCP) on September 16. The figures, which exclude petroleum refining, point to......
Casablanca has strengthened its position on the global financial map after climbing seven places in the latest edition of the Global Financial Centres Index (GFCI), ranking 49th worldwide with a score of 700 points. The Moroccan city had previously ranked 56th with 703 points. Although its numerical......
A rapid surge in the Japanese currency could trigger a massive unwinding of positions financed in yen and reignite tensions in international markets. While Morocco remains relatively insulated from the mechanics of the "carry trade," it could nonetheless feel the repercussions of a global risk aversion......
Morocco’s budget deficit improved during the first seven months of 2026, falling by 5.5 billion dirhams compared with the same period a year earlier, according to figures released by the General Treasury of the Kingdom (TGR). By the end of July, the deficit stood at 48 billion dirhams, down from......
Morocco’s Directorate of Treasury and External Finance (DTFE) has carried out two transactions to place a combined 1.5 billion dirhams ($150 million) in surplus Treasury cash on the financial market. The operations, launched on Friday, form part of the Treasury’s management of available......
On the occasion of the 27th anniversary of his accession to the Throne of his Glorious Ancestors, His Majesty King Mohammed VI delivered his annual Throne Day address to the Moroccan people. Below is the full text of the Royal Speech: "Praise be to God. May peace and blessings be upon the Prophet,......
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