Record-Breaking Wave of Bankruptcies Hits Moroccan Businesses, Trend Expected to Worsen
20 October 2023
In Morocco, the number of companies going bankrupt is breaking records. And the forecasts for 2023 are rather worrying.
Inflation
Morocco Delays Subsidy Reform Amid Global Price Uncertainties
15 October 2023
The Delegate Minister in charge of the Budget, Fouzi Lekjaa, announced on Friday the suspension in 2024 by the government of the reform of the compensation due to geopolitical (…)
Morocco Approves 5% Minimum Wage Increase for Agricultural and Non-Agricultural Sectors
23 September 2023
The draft decree concerning a revision of the guaranteed minimum interprofessional wage (SMIG) and the guaranteed minimum agricultural wage (SMAG) has been approved by the (…)
Moroccan Students Face Rising Costs as France Hikes Tuition and Living Expenses
26 August 2023
Moroccan students are not spared the effects of soaring inflation in France. The National Union of French Students (UNEF) announces an increase in tuition fees for (…)
Diesel Prices Surge Again in Morocco as Global Oil Costs Rise
11 August 2023
Oil companies have applied a new increase in fuel prices, particularly for diesel, overnight. This increase comes after two increases in a month.
Morocco’s Real Estate Market Shows Promise as Inflation Eases and Mortgage Rates Stabilize
10 August 2023
The decline in inflation and the stability of mortgage rates not only provide relief to buyers, but they also raise new hope for the real estate market.
Moroccan Diesel Prices Surge Past 12 Dirhams per Liter, Shocking Motorists
9 August 2023
A bad surprise at the beginning of the week in the service stations in Morocco where motorists have again discovered a rise in fuel prices.
Moroccan Summer Travel Plans Rise Despite Economic Challenges, Survey Shows
2 July 2023
According to a recent survey by the Sunergia Group, nearly half of Moroccans (49%) plan to take a vacation this summer, up 3% from the previous year. Some of them will not be (…)
Soaring Meat Prices Strain Moroccan Budgets for Eid al-Adha Celebrations
29 June 2023
The continued rise in the price of meat in Morocco is affecting the cost of the Eid Al-Adha sacrifice for many Moroccan households.
Moroccan Bank Employees to Receive Salary Increase and Pension Benefits
22 June 2023
Very good news for Moroccan bankers who will see, in their next pay slip, a salary increase.