ECONOMY
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Bank Al-Maghrib keeps its key Rate Unchanged at 3%
The Board of Bank Al-Maghrib (BAM), convened on Tuesday in Rabat, decided to keep the key rate unchanged at 3%,…
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Economy Minister : WB-IMF Annual Meetings Highlight Morocco’s Major Achievements
The forthcoming annual meetings of the World Bank Group (WB) and the International Monetary Fund (IMF), to be held next…
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Gov’t Chief : ‘GITEX Africa’ Puts Continent at Forefront of HM the King’s Vision to Enshrine Strategic Partnership for Prosperous Africa
“GITEX Africa” puts the continent at the forefront, in consecration of HM King Mohammed VI’s farsighted vision in favor of…
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Spanish giant Iberdrola Bets on Morocco to Develop New Energy Projects
Spanish renewable energy giant Iberdrola has confirmed its commitment to promoting energy transition and developing new green projects in Morocco.…
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OCP Group’s Turnover Reaches MAD 18.28 Bln in Q1-2023
OCP Group’s turnover reached more than 18.28 billion dirhams in the first quarter of this year, compared with 25.328 billion…
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Presentation to HM the King of Model of 1st Moroccan Consumer Car Brand and Prototype of Hydrogen Vehicle of Moroccan Initiative
The presentation to HM the King of the car of “Neo Motors”, a company owned by Moroccan capital, and of…
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Almost 3 Million Tourists Visited Morocco in 2023’s First 3 Months
Morocco welcomed 2.9 million tourists in the first three months of 2023, an increase of 17% compared to the same…
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Morocco’s Economy Expected to Grow by 3% in 2023 3.1% in 2024
Morocco’s economy is expected to grow by 3% in 2023, according to the International Monetary Fund (IMF). The kingdom’s GDP…
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IMF Approves Two-Year Arrangement for Morocco Highlights the Kingdom’s ‘Very Strong’ Macroeconomic Policies
The Executive Board of the International Monetary Fund (IMF) approved Monday a two-year arrangement for Morocco under the Flexible Credit…
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