
Morocco Climbs to Top 30 in Global Reputation Rankings, Boosted by COVID Response
Morocco has recorded a very significant improvement in its reputation between 2017 and 2019. The management of the coronavirus crisis has contributed to this.

Morocco has recorded a very significant improvement in its reputation between 2017 and 2019. The management of the coronavirus crisis has contributed to this.

In a few weeks, the European Union will update its gray list of financial and tax systems, which includes Morocco. In Rabat, where efforts are being made to get out of it, officials hope that this time it will be the right one.

Details on the distribution of the 120 billion dirhams announced during the throne speech are now known. The Minister of Economy and Finance has defined, on Tuesday, the sectors in which this substantial amount will be injected.

Economic recovery and the imperative to build a "social state" are imposing themselves on the kingdom, severely shaken by the health crisis due to the Covid-19 pandemic, like several other countries in the world. To meet these challenges that require significant resources, economist Yasser Tamsamani has identified new financing channels.

China could lose its leadership status in manufacturing and supply, for having been the starting point of the coronavirus pandemic. According to the Oxford Business Group, some companies are looking for alternative production bases, and Morocco seems to meet all the conditions.

The Economic Monitoring Committee (CVE) is preparing a plan for the recovery of the Moroccan economy. A videoconference meeting was held for this purpose.

Individuals who so desire will be able to file their income tax returns from late April to June 30, 2020. This is the decision of the Economic Monitoring Committee (CVE), which met on Tuesday in Rabat.

Abdellatif Jouahri, Wali of Bank Al-Maghrib, in an interview with Medias24 , discussed the consequences of the Coronavirus on the economic sector of the kingdom, the support measures taken by the economic monitoring committee and the prospects.

During her working visit to Morocco, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, stated that Morocco is one of the few countries in Africa to have 22% of its Gross Domestic Product (GDP) in the form of revenues.

From January 1 to October 31, 2020, the Office des changes will carry out the Voluntary Disclosure Operation (ORS). This is the main information provided last Tuesday by the institution in a press release.

Morocco has just strengthened its commercial system regarding Turkish textiles. Since Wednesday, January 1, the government has authorized the establishment of a definitive additional import duty of 27%.

Why doesn’t Morocco put itself on a sustainable path to emergence when it has all the conditions to succeed? This is the question answered by the French Development Agency by closely examining the factors preventing the Kingdom from reaching the rank of an emerging economy.