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Keywords: Cash
The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......
Morocco is undergoing a transformative overhaul of its social protection policies, spearheaded by the National Agency for Social Support (ANSS). With a focus on combating poverty, reducing inequality, and fostering economic inclusion, these initiatives aim to create a robust safety net for millions of......
Morocco’s tax amnesty program significantly slowed the growth of cash in circulation in 2024, according to Bank Al-Maghrib’s (BAM) annual financial report. The initiative, launched by the General Directorate of Taxes, reduced the growth rate of banknotes and coins in circulation to 8%, down......
The number of bank cards in circulation in Morocco rose to 22.6 million in 2024, marking a 12% increase compared to the previous year, according to the latest annual banking supervision report released by Bank Al-Maghrib. Despite this significant growth, cash withdrawals remain the main use of these......
Viral social media posts have sparked a wave of misinformation regarding cash withdrawals in Spain, claiming that individuals will be fined as much as €150,000 for withdrawing €3,000 or more from an ATM. This sensational narrative has gained traction on platforms like X and Facebook, with some......
Local residents in Spain are increasingly turning to candles, cash, and battery-powered radios as they adapt to the lessons learned from a recent nationwide blackout. Following a massive power cut that affected the entire country, Madrid residents returned to work with a renewed awareness of the importance......
Morocco's advancements in social protection took center stage on Wednesday during the "MENA Social Protection Roundtable," a pivotal event at the World Bank and International Monetary Fund (IMF) Spring Meetings. Wafaa Jamali, Director General of Morocco’s National Agency for Social......
During Les Impériales Week 2025, held from January 27 to February 2 in Casablanca, Marcom Edge once again showcased its prominence in Morocco’s communication and marketing sector. The event, themed "The Paradigm Shift – Business. People. Tech.", highlighted the transformative......
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,......