Morocco’s Economy Slows Amid Drought and Global Uncertainties
11 April 2022
In the first quarter of this year, Moroccan economic activity has slowed down compared to the forecasts of Bank Al-Maghrib (BAM).
Economic crisis
Morocco’s Prime Minister Warns Ukraine War Impacts Global Economy, Including Morocco
10 April 2022
The war in Ukraine has made its way into the opening of the parliamentary session, particularly due to the surge in prices of several basic products. The RNI, the PAM and the (…)
Morocco Grapples with Soaring Food Prices Amid Global Supply Challenges
8 April 2022
The government has reacted to the social tension linked to the dizzying rise in prices of basic necessities, admitting that this situation should persist, but that the country (…)
Morocco’s Inflation Set to Hit 4.7% Amid Global Economic Pressures
2 April 2022
Given the evolution of the economic situation marked by the surge in the price of certain products, Bank Al-Maghrib estimates that inflation could reach 4.7% at the end of the (…)
Morocco’s Real Estate Prices Surge 20% Amid Global Supply Chain Challenges
29 March 2022
The Moroccan real estate sector is strongly affected by the international situation. An increase of around 20% in selling prices compared to the previous year is announced by (…)
Morocco Slashes Non-Essential Government Spending in Three-Year Budget Plan
24 March 2022
Reducing public spending and focusing sectoral actions on priorities to cope with the economic situation. This is the instruction given by Prime Minister Aziz Akhannouch to (…)
Morocco Grapples with Economic Fallout as Ukraine War Drives Wheat Prices Higher
18 March 2022
Like many countries with trade relations with Russia and Ukraine, Morocco is seriously disrupted by the crisis between the two countries, with the surge in prices of cereals (…)
Moroccan Parliament Forms Task Force to Combat Rising Food Prices
8 March 2022
At the initiative of the opposition, parliament wants to reflect on the measures to be adopted to counter the rise in prices of basic commodities. A thematic working group will (…)
Morocco to Subsidize Food Prices Ahead of Ramadan Amid Rising Costs
4 March 2022
To mitigate the effects of rising prices, the Moroccan government plans to subsidize certain products. A dialogue has been opened with professionals in this regard.
Ukraine-Russia War Threatens Morocco’s Economy as Global Prices Surge
1 March 2022
Morocco will inevitably feel the impact of the conflict between two of its major trading partners, Russia and Ukraine. The immediate measures taken by the government could show (…)