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Keywords: Revenues
The Moroccan digital market is entering a new fiscal phase. Apple has started integrating a 20% VAT into the revenue processing related to the App Store in Morocco, a change that could lead to adjustments in the prices of certain applications and in-app purchases starting mid-September. Apple is gradually......
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 tourism industry has maintained its exceptional upward trajectory, with border arrivals reaching approximately 9.4 million visitors by the end of June 2026, marking a 6 percent year-on-year increase. According to the latest economic outlook report published by the Directorate of Studies......
Morocco recorded tourism revenues of MAD 44.39 billion, equivalent to $4.83 billion, during the first four months of 2026. The figure shows a 21.2 percent increase compared with the same period in 2025, reflecting sustained growth in the country’s travel sector. Travel spending also increased......
Morocco’s government has approved MAD 20 billion in additional budget credits to finance subsidies, support public institutions, address emergency spending, and respond to recent flood damage in northern parts of the country. The measures were presented before the Finance and Economic Development......
The Head of Government, Aziz Akhannouch, announced on Wednesday before both Houses of Parliament in Rabat that revenues generated by the national tourism sector reached 138 billion dirhams. This unprecedented level confirms the strategic importance of tourism in Morocco’s economy. This growth......
Russia’s oil revenues recorded a sharp weekly increase after a temporary US sanctions waiver and rising global prices linked to tensions with Iran triggered a rapid market reversal, easing months of pressure on Moscow’s energy income. Seaborne oil export revenues rose by about 890 million......
Russia’s economy is showing new signs of fatigue as Western sanctions enter their fifth year, undermining the resilience that helped Moscow cushion earlier financial shocks. After years of wartime expansion fueled by military contracts and oil exports, growth has slowed dramatically. The International......
Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......