Morocco’s Public Wage Bill Set to Surge in 2020 as Social Security Costs Included
22 September 2019
The wage bill will increase next year due to retirement and social security contributions. These will be incorporated into personnel expenses.
Economy
Morocco Sees Surge in Israeli Tourism, Nearly 80,000 Visitors in 2018
22 September 2019
The Kingdom continues to seduce the Israelis. Proof of this, the Israeli tourists visiting Morocco reached nearly 80,000 in 2018, which testifies to a significant increase (…)
Major Natural Gas Discovery in Morocco Could Have Strategic Importance
22 September 2019
Chariot oil & Gas ltd has "potential for a significant and high-value project that could be of strategic importance". This is revealed by a report commissioned by the (…)
Morocco to Build $1.2 Billion Water Complex in Northern Region
22 September 2019
Soon, in the Tanger-Tétouan-Al Hoceima region, the Béni Mansour Hydraulic Complex will be built. This project, presented in April 2016 before King Mohammed VI, is part of the (…)
Morocco Slashes Wheat Import Tariffs to Stabilize Domestic Market
21 September 2019
A draft decree has been taken by the Council of Government and aims to lower the import duty on soft wheat and its derivatives.
Morocco to Raise Soda Tax in 2020 as Part of Health Initiative
21 September 2019
The Domestic Consumption Tax (TIC) on sodas and sweetened beverages will increase as of January 2020, but this will not be the case for VAT.
Morocco Invests 825 Million Dirhams to Boost Drinking Water Access in Northern Region
21 September 2019
A multilateral convention project involving an envelope of 825 million dirhams for the supply of drinking water in northern Morocco takes into account 413 douars in the (…)
Morocco Proposes Tax Reforms for 2020: VAT, Import Duties, and Beverage Taxes Set to Change
20 September 2019
For the 2020 Finance Bill project, changes are announced on VAT on imports, the Domestic Consumption Tax (TIC) and on import duties. Thus, revisions to these levels of taxation (…)
Royal Air Maroc Overhauls Boeing Fleet to Boost Passenger Comfort After Criticism
19 September 2019
The explosive criticism on Twitter by the British Ambassador to Morocco quickly prompted the managers of Royal Air Maroc (RAM) to launch a major operation to reconfigure the (…)
Major Moroccan Fuel Companies Admit to Price Collusion Allegations
19 September 2019
The three main players in the fuel sector, Afriquia, Vivo energy (Shell) and Total, have acknowledged the grievances about suspected collusion that the Competition Council had (…)