Morocco’s Consumer Price Index Rises 0.2% in June, Food Prices Fluctuate
25 July 2019
Compared to the previous month, the Consumer Price Index (CPI) in Morocco experienced a slight increase of 0.2% in June.
Economy
AFD Grants €50 Million Loan to Boost Moroccan Airport Safety and Efficiency
25 July 2019
The French Development Agency (AFD) has granted financing of 50 million euros, in the form of a loan, with a grant of 400,000 euros, to the National Airports Office (ONDA). (…)
Morocco Boosts Family Allowances: 300 DH Per Child Starting July 2019
24 July 2019
Each child will receive 300 DH for family allowances starting in July 2019. This is the decision of the Board of Directors of the National Social Security Fund (CNSS).
Morocco Announces 450km Dual Carriageway Project from Dakhla to Mauritanian Border
24 July 2019
The Government has committed to a project to build a 450-kilometer dual carriageway between the city of Dakhla and the border town of Guerguerat with Mauritania. The (…)
Russian Halal Market Booms as Producers Eye Muslim Consumers and Export Growth
23 July 2019
Conquer the world with halal. This is the goal of Russian producers of this religious food standard, despite the sluggish national economy. In this case, Arslan Guizatoulline’s (…)
Morocco Poised to Launch Africa’s First 5G Network, Huawei Announces
23 July 2019
The company "Huawei" has many ambitions as part of its development projects in Morocco. To this end, it aspires for the Kingdom to become the first country to launch 5G on the (…)
Morocco’s Wage Gap: 38% of Workers Earn Below Minimum Wage, CNSS Data Shows
21 July 2019
38% of the salaries declared to the National Social Security Fund (CNSS) are below the Guaranteed Interprofessional Minimum Wage (SMIG), and 14% above 6,000 dirhams. In (…)
Moroccan Dirham Strengthens Against Euro and Dollar, Reserves Hold Steady
21 July 2019
During the week of July 11 to 17, 2019, the Moroccan dirham gained value against the European currency as well as against the US dollar.
CGEM President Downplays Resignations Amid Leadership Shake-up in Moroccan Business Confederation
20 July 2019
While the General Confederation of Moroccan Enterprises (CGEM) is vibrating to the rhythm of resignations, its President, Salaheddine Mézouar, displays relative serenity.
IMF Urges Morocco to Address Inequality and Boost Inclusive Growth
19 July 2019
The International Monetary Fund (IMF) Woods once again calls on Morocco to "move towards a more inclusive growth model", to "reduce inequalities" and to "protect the most (…)