Morocco to Impose 40% Tax on E-Cigarettes, Sparking Industry Concerns
14 November 2022
Import duties on e-cigarettes are expected to rise from 2.5 to 40% as of next year. The measure is very poorly received by merchants.
Finance Bill (2025 Morocco)
Moroccan Banks Face 40% Tax Rate by 2026 as Government Expands Financial Sector Levies
11 November 2022
In order to broaden the tax base, the government is considering taking new measures towards companies in the financial sector. Thus, from 2026, banks must bear a rate of 40% on (…)
Morocco Allocates $370 Million in Agricultural Subsidies for 2023 Season
4 November 2022
The government maintains its support for the agricultural sector. This year, 3.7 billion dirhams in subsidies will be allocated to the sector, for a total investment of 7.4 (…)
Moroccan Lawyers Strike Over New Tax Measures in 2023 Finance Bill
3 November 2022
Since Tuesday, Moroccan courts have been at a standstill following a strike by lawyers, who are protesting against the new tax measures concerning them contained in the 2023 PLF.
Morocco Sets Ambitious Goal: 26 Million Tourists by 2030
3 November 2022
In a context of recovery of the tourism sector, Morocco has revised its ambitions upwards, aiming to double the number of arrivals by 2030.
Morocco Boosts Anti-Fraud Measures in 2023 Budget, Enhances Export Support
2 November 2022
The 2023 Finance Bill (PLF) provides for new customs measures to combat fraud.
Morocco Maintains Subsidies on Gas, Sugar and Bread Amid Global Price Pressures
2 November 2022
Despite the international situation, the Moroccan government will maintain subsidies to ensure price stability for butane gas, wheat and sugar on the domestic market in 2023.
Morocco to Launch Direct Cash Aid Program for 3 Million Low-Income Families
29 October 2022
The government plans to grant in 2023 a direct monthly financial aid to all underprivileged families. More specifically, seven million children and 3 million families will be (…)
Morocco Boosts Defense Budget Amid Regional Arms Race with Algeria
28 October 2022
The arms race continues between Algiers and Rabat. Faced with Algeria, which has recently decided to double its military budget, Morocco plans to increase its defense and (…)
Morocco’s Royal Palace Budget: 2.8 Billion Dirhams Seen as Justified by Citizens
27 October 2022
The budget allocated to the royal palace, around 2.8 billion dirhams, does not seem high and is "deserved," according to the vast majority of Moroccans.