The dirham strengthens against the euro
15 August 2026
The Moroccan dirham gained ground this week against the two main currencies used by MREs. It appreciated by 0.2% against the euro and by 0.1% against the dollar between 6 and (…)
Deficit
Even the Billions Sent by Moroccans Abroad No Longer Cover Morocco’s Energy Bill
10 August 2026
Moroccans residing abroad transferred 61.5 billion dirhams to Morocco in the first half of 2026. Over the same period, the country’s energy bill reached 68.6 billion. A gap (…)
The Moroccan state spent nearly 100 billion on salaries in six months
2 August 2026
The Moroccan state’s salary expenditure rose sharply in the first half of 2026, now approaching 100 billion dirhams.
Morocco Budget Deficit Nears Zero Without Debt Interest
1 August 2026
Morocco’s budget deficit stood at nearly 24 billion dirhams in the first half of 2026. But excluding debt interest payments, the imbalance in public finances falls to just 81 (…)
Moroccan Expatriates Cushion Energy Crisis Impact on Economy
30 July 2026
The rise in energy bills is expected to widen Morocco’s external deficit in 2026. However, remittances sent by Moroccan expatriates, along with tourism revenues, will help (…)
Morocco Budget Strategy: Sale-Leaseback Operations Boost Finances
27 July 2026
Morocco obtained revenues equivalent to 2% of GDP in 2025 through sale-leaseback operations on state-owned real estate. A solution that brings immediate money to the budget, (…)
Morocco Tax Crackdown Boosts Revenues 14% Against Fraud
3 July 2026
The government is cracking down on tax fraud. Before parliament, the Budget Minister unveiled sharply higher revenues and an economy resilient to drought, setting an ambitious (…)
Morocco Tourism Revenue Surges 21% Despite Trade Deficit Concerns
1 June 2026
Morocco’s tourism revenues increased significantly during the first four months of 2026. According to the latest figures from the Office of Exchange, travel receipts reached (…)
Morocco growth slowdown 2026 dirham currency crisis
30 May 2026
Morocco’s economic growth is expected to decline to 4.2% in 2026. The Kingdom is being hit hard by global instability, rising energy prices and currency depreciation, despite (…)
Morocco Energy Subsidies Hormuz Crisis Impact 2026
14 May 2026
Facing the blockade of the Strait of Hormuz by Iran, Morocco spends 3 billion dirhams each month to subsidize energy. The government is striving to contain the impact of this (…)