Morocco Unveils Austerity Measures and Foreign Borrowing to Combat COVID-19 Economic Impact
5 April 2020
To cope with the economic consequences of COVID-19, the Moroccan state will cut spending and borrow in foreign currency.
Ministry of Economy and Finance
Morocco’s Economy Resilient Against COVID-19 Shocks, Finance Minister Says
5 April 2020
[Mohamed Benchaâboun] affirms that the Moroccan economy is able to withstand the consequences of the coronavirus. This, thanks to the various support the kingdom receives from (…)
Morocco Reports Stable Prices for Essential Goods Amid Coronavirus Concerns
25 March 2020
The data presented by the services of all the ministerial departments concerned with supply, prices and control indicate a stability of prices for most of the most consumed (…)
Morocco Launches SMS Donation System for COVID-19 Relief Fund
23 March 2020
Through an SMS to 1919, Moroccans can contribute to the Special Fund dedicated to the management of the Coronavirus pandemic in Morocco.
Morocco Unveils Economic Relief Measures: 2,000 Dirham Unemployment Benefit Proposed
19 March 2020
At the headquarters of the Ministry of Economy and Finance, a meeting was held on Wednesday, March 18 at 2 p.m., in the presence of the Director of the Treasury and Finance, (…)
Morocco Caps Prices on Face Masks and Hand Sanitizers to Combat Speculation
15 March 2020
The government has decided to regulate the prices of health masks and hydroalcoholic gels. A measure intended to put an end to speculation.
Morocco Forms Economic Committee to Address COVID-19 Impact
12 March 2020
The establishment of an economic monitoring committee was announced on Wednesday, as part of the government’s efforts to anticipate the direct and indirect economic (…)
Morocco Considers Next Phase of Dirham Flexibility Reform
4 March 2020
Bank Al-Maghrib and the Ministry of Finance are working on the triggering of the next stage of the reform related to the flexibility of the dirham. But prerequisites must be (…)
Morocco to Impose Fines on Late Payments in Business Crackdown
14 February 2020
The state wants to crack down on late payments, through the introduction of fines.
Moroccan Families Spend 5,800 Dirhams Annually on Food, Government Data Shows
9 February 2020
The average annual expenditure of Moroccan families on food products is around 5,800 dirhams. This is indicated by data from the Ministry of Economy and Finance.