Gouvernment

Morocco is taking part in the 7th edition of the World Military Games, which kicked off on Friday, October 18, 2019 in Wuhan, China. At this big event, nearly 10,000 competitors from 109 countries are represented. Morocco is present at this edition of 18 to 27 October 2019 World Military …

Morocco’s 2020 national defense budget has increased by almost 30% compared to 2019 (45.4 billion dirhams against 35.1 billion dirhams), in order to cope with the increase in staff costs and acquisition of new equipment. Creation of new budget items, increase of salaries and additional costs resulting from military service. …

Bank Al-Maghrib and the Central Bank of Egypt concluded a memorandum of understanding in Washington DC, on banking supervision, information exchange and general cooperation. This memorandum embodies the common desire of the two central banks to further deepen the sharing of experiences and aims to establish a formal framework to …

Russian state corporation Rostec wants to expand its presence in Africa and to start supplying medical equipment to Morocco, Ivan Ozhgykhin, deputy general director of the Shvabe holding said ahead of the Russia-Africa summit in Sochi. The Shvabe holding is part of the Rostec corporation. According to him, this year, …

Bank Al-Maghrib (BAM) and the Bank of Mauritius (BoM) concluded in Washington, two Cooperation Agreements. Ratified by Governor of Bank Al-Maghrib Abdellatif Jouahri and Governor of the Bank of Mauritius Yandraduth Googoolye, on the sidelines of the 2019 International Monetary Fund and World Bank annual meetings held in Washington on …

Morocco is one of the most active countries in the framework of cooperation with the European Union (EU) on the Erasmus program. Since its launch, the Kingdom is the first African partner of the program and the second in the southern region of the Mediterranean, according to the Minister of …

Morocco was able to drain net foreign direct investment (FDI) inflows by $ 3.6 billion in 2018, an increase of 36% over 2017, according to the economic and financial report accompanying the project of Finance law (PLF 2020). Thanks to this result, Morocco has improved its regional position ranking fourth …

The Political Affairs and Security Policy Division of the North Atlantic Treaty Organization (NATO) hosted a delegation of Moroccan diplomats at NATO headquarters in Brussels. The visit came as part of NATO’s efforts to strengthen their partnership with Morocco in a variety of sectors. During the visit, the Moroccan diplomats …

The representative of the United Nations Food and Agriculture Organization (FAO) in Morocco, Florence Roll, welcomed the efforts of the Kingdom to eliminate and reduce the rate of malnutrition. “Thanks to his efforts, the Kingdom has managed to reduce the rate of malnutrition to 3.7%, which is lower than the …

The Economic and Social Council of the United Nations (ECOSOC) re-elected, by acclamation, Ambassador Omar Hilale, Permanent Representative of Morocco, as Vice-President of the Council and President of its humanitarian segment for the 2020 cycle. This renewal for another year at the head of the humanitarian segment of ECOSOC also …