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Keywords: Moroccan government


Moroccan Government Engages with OECD Secretary-General to Enhance Economic Collaboration

In a significant diplomatic engagement, the Head of the Moroccan Government, Aziz Akhannouch, recently met with the Secretary-General of the Organization for Economic Co-operation and Development (OECD), Mathias Cormann, to address pressing global economic concerns. The meeting, held in Rabat, underscores......

Moroccan Government Approves SRM Casablanca-Settat’s Full Acquisition of Lydec

In a highly anticipated move, the Moroccan government has officially authorized the Société Régionale Multiservices (SRM) Casablanca-Settat to acquire 100% of Veolia’s shares in the utility company Lydec S.A. This significant development was formalized through Decree 2.24.737,......

Massive Rabat Protest Condemns Israeli Actions and Demands Diplomatic Severance

Thousands of Moroccans rally in the capital, calling for an end to ties with Israel after the assassination of Ismail Haniyeh and ongoing Gaza conflict. In a powerful display of solidarity, thousands of Moroccans gathered in Rabat on Saturday morning to protest against the recent Israeli assassination......

Morocco's Central Bank Poised for Further Interest Rate Reductions in 2024

In a significant move that could reshape Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, is expected to implement additional cuts to its policy rates during the latter half of 2024. This forecast, put forth by Fitch Solutions, suggests a continuation of the monetary......

Morocco Secures €120 Million from AfDB for Climate and Governance Initiatives

In a significant move to bolster Morocco's economic stability and environmental resilience, the African Development Bank (AfDB) has approved a substantial financial package of €120 million. This funding, part of the initial phase of the Support Program for Governance and Climate Resilience,......

Moroccan Government's Commitment to Sport and Sustainable Development Shines at Paris Summit

In a significant demonstration of Morocco's dedication to the intersection of sports and sustainable development, Moroccan Head of Government Aziz Akhannouch attended the prestigious summit for Sport and Sustainable Development in Paris. This notable event, held on the eve of the Olympic Games'......

Morocco's Social Assistance Program Sees 4.6 Million Applications by Early July

Morocco's social assistance initiative has witnessed a substantial response, with 4.6 million applications submitted by July 6. This announcement came from Nadia Fettah, the Minister of Economy and Finance, during a recent session in the House of Representatives. Fettah highlighted the current state......

Promising Integration: Professional Training Graduates Thrive in Moroccan Job Market

In a significant development, the Minister of Economic Inclusion, Younes Sekkouri, has announced that graduates from professional training programs in Morocco are experiencing an impressive 90% integration rate into the job market. This revelation came during a recent interrogatory session at the House......

Morocco's Fiscal Outlook: Fitch Ratings Predicts Deficit Reduction by 2026

Projected Spending Cuts and Fiscal Strategies Signal Optimism Amid Challenges Morocco is on a path to reduce its fiscal deficit over the next few years, according to a new report from Fitch Ratings. The credit rating agency forecasts that the North African nation’s fiscal deficit will decrease......