Gouvernment

The investments of the African Development Bank (AfDB) in Morocco, the financial institution’s first client, have reached more than $ 1.1 billion during the last 8 months, according to the representative resident in the Kingdom, Leila Farah Mokaddem. “Morocco is a country with which we have enjoyed excellent relations for …

Interpol recently carried out an operation against pharmaceutical crime in the Middle East and North Africa in the midst of the Covid19 pandemic. From February 1 to April 1, 2020, this made it possible to seize, in Morocco, 61,000 respiratory masks and an artificial respirator. In Jordan, 63,418 face masks …

The 1st Dou Al Hijja of the year 1441 of the Hegira corresponds to Wednesday July 22, 2020 and Eid Al Adha will be celebrated on Friday July 31, the Ministry of Habous and Islamic Affairs announced on Tuesday. In a statement, the ministry indicates that the lunar crescent announcing …

Growth will not return to its pre-epidemic trend until 2022 at the earliest, with a high level of uncertainty. Despite this, Morocco must move from a mitigation phase to an adaptation phase, argues the WB. The latter has just published its monitoring report on the economic situation in Morocco. For …

The Covid-19 pandemic has brought China and Arab nations closer together through the China-Arab States Cooperation Forum and the mechanism of political parties’ dialogue as they take concrete steps to build a China-Arab community with a shared future, officials and experts said. The ninth ministerial meeting of the forum rolled …

The agency Fitch Ratings downgraded Morocco’s rating from BBB neutral to BBB negative during its most recent review. This drop is due, she explains, to the inevitable increase in public debt in relation to GDP, which is itself in decline. On a qualitative level, the agency considers the measures taken …

Morocco’s (BBB-/Negative) recent supplementary budget for 2020 foresees the largest fiscal deficit and GDP contraction in decades, Fitch Ratings says. This is broadly in line with our expectation of a severe hit to the country’s economy and public finances from the coronavirus pandemic-related shock, which is reflected in the Negative …

The World Bank has decided to support the national health sector. As such, it has mobilized $ 35 million to deploy qualified and well-equipped health workers on the front line. Seduced by Morocco’s efforts in the fight against the coronavirus, the World Bank wants to support the Moroccan program to …

Sudden shock, severe recession since 1995… These are the words used by the World Bank to demonstrate the impact produced by the coronavirus pandemic (Covid-19) and by the measures to stop activity taken to stop it in the Morocco. Despite the likely volatility of the economic recovery phase, the Kingdom …

The government has just announced a new step in reducing deconfinement which will be applied from this Sunday, July 19 at midnight. – Hotels can use 100% of their accommodation capacity without always exceeding 50% for their common areas (restaurants, swimming pools, sports halls, etc.) – Public transport can go …