Morocco
Morocco to Allow Foreign Currency Accounts for Citizens in 2024
Starting next year, Moroccans will be able to hold foreign currency accounts or convertible dirham accounts with Moroccan banks, according to the Finance Minister.
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Mohamed Benchaaboun
Morocco
Morocco Faces Financial Strain as Court-Ordered Seizures of State Property Rise
The Minister of Economy, Finance and Public Administration Reform, Mohamed Benchaâboun, is concerned about the increase in seizures of state property. For him, this remains a huge risk for the Kingdom.
Morocco
US Grants Morocco $94 Million for Economic Development and Tech Innovation
An agreement was signed this week in Rabat between Mohamed Benchaaboun, Minister of Economy and Finance, and Brooke Isham, Director of the United States Agency for International Development (USAID) in Morocco. This protocol agreement specifies the donation, by the American structure, of $94 million, or about 846 million dirhams, to Morocco, to "finance the inclusive socio-economic development program".