Morocco
Morocco Raises €1 Billion in Euro-Bond Issue Amid Pandemic Uncertainty
Morocco launched, on Thursday, a one billion euro euro-bond in two tranches of 500 million euros each.
Topic
Mohamed Benchaaboun
Morocco
Morocco Loses 7% of GDP Annually to Corruption, Minister Reports
The Minister of Economy and Finance, Mohamed Benchaaboun , stated that corruption costs Morocco up to 7% of its GDP per year.
Morocco
Morocco to Dissolve Underperforming Public Agencies in Economic Reform Push
Mohamed Benchaâboun, Minister of Economy, Finance and Public Administration Reform, confirmed on Tuesday the imminent disappearance of certain public institutions and companies. This is one of the reforms that King Mohammed VI had announced in his throne speech on July 29.
Morocco
Morocco Finance Ministry Faces Scrutiny Over Alleged Covid-19 Bonus Payments
The National Union of Finance denounces special Covid-19 bonuses that the General Treasury of the Kingdom (TGR) would have granted to some of its managers and civil servants. It calls on the Minister of Economy and Finance, Mohamed Benchaâboun , to open an investigation.
Morocco
Morocco to Issue $2 Billion in Sovereign Bonds Amid Economic Challenges
Faced with the impact of Covid-19 on its economy, Morocco intends to raise $2 billion on international sovereign debt markets.
Morocco
Morocco Unveils $600 Million Rescue Package for Royal Air Maroc
The Minister of Economy and Finance, Mohamed Benchaâboun, provided more details on Tuesday on the amount of 6 billion dirhams that the government intends to make available to Royal Air Maroc (RAM) .
Morocco
Morocco Unveils $12 Billion Economic Stimulus Plan: Investment and Credit Support
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.
Morocco
Morocco Weighs Lockdown as COVID-19 Cases Surge, Economic Concerns Mount
After a judicious management at the beginning of the health crisis related to the coronavirus pandemic, Moroccans fear difficult days, even a return to confinement. The panic of the government, the "surprise" announcement of the quarantine of eight cities... are all realities that revive the concern within the population.
Morocco
Morocco's Economy Faces Triple Threat Amid Global COVID-19 Crisis
Analyzing the recent developments observed on the international and national scenes, Mohammed Benchaâboun, Minister of Economy, Finance and Administration Reform, identified the three shocks that the Moroccan economy will not be able to escape.
Morocco
Morocco's Finance Minister Reports 20% Drop in FDI, Remains Optimistic on Economic Outlook
Invited to speak before the two Finance Committees of Parliament, Minister of Economy and Finance Mohamed Benchaâboun reviewed the general framework for preparing the 2021 Finance Bill.
Morocco
Morocco Pushes for Widespread Adoption of E-Signatures Amid Pandemic
In the time of coronavirus, companies must take the step towards Paperless, as this new technology is emerging as a solution. In Morocco, despite the restrictions of the law, the authorities are taking the necessary measures to generalize the measure.
Morocco
Private Schools in Morocco to Halve Tuition Fees Amid COVID-19 Pressure
Parents of students will not pay the full tuition fees due for the 3rd quarter. This is the promise made by the Minister of National Education, Saïd Amzazi , following a meeting with the National Federation of Parents’ Associations.