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Keywords: Ministry of Economy


Increase in Tax Revenues by 24.6% by End of January 2025

The Ministry of Economy and Finance (MEF) reported that tax revenues reached 30.79 billion dirhams (MMDH) by the end of January 2025, marking an increase of 24.6% compared to the same period in 2024. In its recent Treasury Charges and Resources document (SCRT), the ministry emphasized that the revenues......

Morocco's Treasury Executes Strategic MAD 8.4 Billion Investment Plan

The Moroccan Treasury and External Finance Department (DTFE) has implemented a series of sophisticated financial operations, deploying MAD 8.4 billion ($820 million) in cash surplus investments on Friday. This strategic financial move, executed under the Ministry of Economy and Finance's oversight,......

Morocco Unveils Strategic Wheat Import Support Plan Amid Drought Crisis

Morocco has announced a comprehensive financial support system for soft wheat imports, set to launch in early 2025, as the country grapples with severe drought conditions affecting domestic production. The initiative, spanning from January to April 2025, represents a coordinated effort between the Ministry......

Morocco Launches MAD 11 Billion Urban Transport Modernization Initiative

Morocco has unveiled an ambitious MAD 11 billion investment program aimed at transforming urban transportation across the nation. The comprehensive initiative, announced by the Interior Ministry, will run from 2025 to 2029 and focuses on enhancing service quality throughout Moroccan communities. The......

Moroccan Finance Ministry Pushes for Tobacco Price Increases Amid Stagnant Tax Revenues

Morocco’s Ministry of Economy and Finance is exerting pressure on tobacco companies to raise cigarette prices following disappointing revenue collections from the Domestic Consumption Tax (TIC) on manufactured tobacco. Sources within the ministry indicate that these tax revenues have fallen below......

 Strengthening Public-Private Partnerships in Morocco: Support from the African Development Bank

In response to a request from Morocco's Ministry of Economy and Finance, the African Development Bank (AfDB) is preparing to approve a technical assistance program aimed at promoting public-private partnerships (PPPs) in the country. The primary objective of this support is to assist in the implementation......

Morocco Unveils $735 Million Highway Expansion Plan Ahead of 2030 World Cup

Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's......

Morocco's OCP Plans $14 Billion Investment Strategy for 2025-2027

Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......

Morocco's Tourism Surge: 11.8 Million Visitors Signal Strong Recovery in 2024

Morocco's tourism sector is experiencing a remarkable resurgence, with the country welcoming 11.8 million tourists by the end of August 2024. This impressive figure represents a 16% increase compared to the same period last year, according to data released by the Directorate of Financial Studies......