Morocco planned to collect 6 billion dirhams through privatizations in 2025. By the end of the year, no such transaction had taken place, according to the official report on the public portfolio.
Faced with the surge in fuel prices, the CDT is calling on Prime Minister Aziz Akhannouch this Tuesday. The union is demanding emergency measures and a return to price regulation to protect the purchasing power of Moroccan households.
As of last November, divestment or privatization operations generated a total of 5.4 billion dirhams for the national budget, according to the General Treasury of the Kingdom (TGR).
The major debate in the Moroccan parliament on the economic difficulties of the National Railway Office had echoes in China. The public company has indeed been the subject of a detailed report in Beijing.
The Moroccan government plans to launch a new wave of privatizations as early as 2020. This is at least what the Finance Bill, tabled before the parliamentarians, provides for.
The Marrakech City Council has ceded its shares in the mythical palace of Marrakech, La Mamounia. This in exchange for 115 hectares of state-owned land. This decision of the City Council on 28% of the shares shared between ONCF and CDG was ratified during the second session of October.
As part of its planned privatization for 2019 by the Ministry of Economy and Finance, the OCP Group is the favorite to take over the Mamounia.