As of the end of December 2021, the number of microcredit beneficiaries stood at 840,333 clients for a total of 8.158 billion dirhams, said Nadia Fettah Alaoui, Minister of Economy and Finance, in response to a written question from a member of parliament from the Popular Movement group.
Due to the rise in prices linked to the Russian-Ukrainian crisis and the drought that has been raging in the kingdom since the beginning of the year, the budget of the compensation fund should increase by more than 15 billion dirhams. The Akhannouch government hopes to maintain the purchasing power of Moroccans.
At the end of March, tax revenues increased by 23.3%, reaching 70.28 billion dirhams, according to the Ministry of Economy and Finance.
Since this Friday, April 1st, Morocco has applied an anti-dumping duty on imports of carpets and other mechanically manufactured floor coverings, originating from China, Egypt or Jordan.
The government has started a session of dialogue and negotiations with representatives of the transport sector. The aim is to see to what extent to grant them aid to support them in the face of the effects of the rise in fuel prices .
Faced with exogenous shocks threatening its economy, Morocco has two alternatives: to readjust its investment budget or to reorder its priorities. Two solutions that are not, for the time being, on the agenda, as the measures taken still make it possible to cope with the situation, the government assures.
Domestic tourism is proving to be a post-Covid recovery lever. At least this is what the Directorate of Studies and Financial Forecasts (DEPF) of the Ministry of Economy and Finance affirms.
The Directorate of Studies and Financial Forecasts (DEPF) has recently published figures on Moroccan travel in 2019. It appears that Morocco is the 5th country in terms of volume of Schengen visas issued.
Like many countries, Morocco is expressing the need to postpone the retirement age to restore the financial balance of the pension schemes. The government wants to proceed with a raise in the legal age.
After a 78.5% decline in 2020, tourist arrivals in Morocco rose 34% at the end of 2021, according to the Directorate of Studies and Financial Forecasts (DEPF) of the Ministry of Economy and Finance.
Despite the economic situation, the price of ordinary bread made from soft wheat flour will not increase and will be maintained at 1.20 DH per unit.
The Israeli Minister of Economy and Industry, Orna Barbivai, will visit Morocco on Sunday, February 20. During this first official visit, she will lay the economic foundations of trade relations between Morocco and Israel, through the signing of an economic and commercial cooperation agreement.