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Keywords: 2024


Streamlining Customs: Morocco's 2024 Finance Law Enhances Trade Facilitation

Morocco's Customs procedures receive a significant facelift with the enactment of the 2024 Finance Law, introducing crucial amendments to the Customs Code. The implementation of streamlined electronic declaration procedures is poised to propel international commerce, allowing operators to submit......

Morocco's Inflation Outlook: Bank Al-Maghrib Forecasts a Decline on the Horizon

Morocco's central bank, Bank Al-Maghrib (BAM), envisions a promising trajectory for the country's inflation rate, forecasting a decline from 6.6% in 2022 to an average of 6.1% in 2023. Looking further ahead, the rate is anticipated to decrease even more, reaching 2.4% in both 2024 and 2025, according......

Moroccan Parliament Advances Controversial 2024 Budget Bill

On Wednesday, Morocco's Lower House took a pivotal step in the approval process for the 2024 Finance Bill, amidst heated discussions on proposed tax reforms. In a narrow decision, lawmakers pushed the budgetary legislation forward in a second reading, garnering support from 87 members of parliament,......

Councilors Approve 2024 Budget Despite Quakes and Drought

Rabat - The House of Councilors demonstrated unwavering resilience by approving Morocco's 2024 finance bill on Wednesday, allocating funds to tackle recent earthquakes and water shortages amidst prevailing economic uncertainties. The bill secured passage with 45 votes in favor and 13 opposed. Its......