
Morocco Expands VAT Exemption for Prescription Drugs to Lower Pharmacy Prices
Moroccans now have an updated list of drugs whose VAT is covered by the state. This list was published by the Ministry of Health.

Moroccans now have an updated list of drugs whose VAT is covered by the state. This list was published by the Ministry of Health.

The public prosecutor’s office is working to end child marriage in Morocco. In this regard, it has developed an integrated action plan against the phenomenon.

The Ministry of the Interior is toughening the fight against real estate spoliation - especially in municipalities. New measures have been taken in this regard.

Airbnb, the community platform that connects travelers with hotel companies (hotels, guesthouses, vacation rentals), and real estate investors, escapes Moroccan taxation.

The real estate asset price index (IPAI) appreciated, year-on-year, by 1.3% in the third quarter of 2022. This is what Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) specify.

Germany has committed to supporting Morocco’s financial system reforms . An amount of 165 million euros has been mobilized in this direction to increase the country’s financial inclusion and support for small businesses.

Moroccan influencers are summoned by the Directorate General of Taxes (DGI) to declare their income and pay their taxes. They have received reminder letters, certainly the last warning before the repression phase.

The dirham should depreciate against the dollar and gain slightly in value against the euro at horizons 1, 2 and 3 months. This is what the indicators published by Attijari Global Research (AGR) indicate.

At the end of last September, Tanger Med Port Authority (TMPA) posted a gross turnover of more than 2.35 billion dirhams, up 11% compared to the same period last year.

The Belgian aeronautical manufacturer Sabca (Société Anonyme Belge de Constructions Aéronautiques) is strengthening its activities in Morocco with the inauguration in Nouaceur of a new factory . It will provide the essential metallic and composite aerostructures for the manufacture and assembly, the design of actuation equipment for the general aviation sector.

To boost the real estate sector, the government is considering granting housing aid to eligible buyers. This measure, contained in the 2023 Finance Bill, is causing concerns among real estate developers.

The Moroccan film world is in mourning. Actor and director Mohamed Atifi died on Thursday evening after a long illness.