
Morocco's Tax Amnesty Yields Record $12.5 Billion in Undeclared Assets
In Morocco, the tax amnesty on undeclared assets for the year 2024 allows the regularization of a record amount of 125 billion DH.
Sébastien A.

In Morocco, the tax amnesty on undeclared assets for the year 2024 allows the regularization of a record amount of 125 billion DH.

The steps taken by Moroccan diplomacy, in collaboration with professionals in the transport sector, to find the four Moroccan truck drivers who had been missing since Saturday, January 18, on a road between northeastern Burkina Faso and western Niger, have borne fruit.

A young man was found dead on Sunday in the commune of Chlalat, near Mohammedia after being attacked by stray dogs and another young man died from a probable rabies infection in the city of Rahma, on the outskirts of Casablanca, causing panic among the residents.

Walid Regragui , coach of the Moroccan national team, sets a condition for the return of Moroccan international Hakim Ziyech to the Moroccan national team.

Dacia, the low-cost brand of the Renault group, is considering manufacturing an electric (zero-emission) version for the next generation of its Sandero, and could repatriate production from Morocco to Romania, in order to benefit from the ecological bonus, which can go up to 4,000 euros granted exclusively to electric vehicles produced in Europe.

An extradition agreement has been concluded with Morocco to hand over to France Félix Bingui alias "the Cat", one of the biggest drug traffickers in Marseille, arrested in March 2024 in Casablanca. Former French Interior Minister Gérald Darmanin, the new Keeper of the Seals, thanks Rabat.

While Morocco has increased its imports, coffee prices are following an upward trend due to several factors.

Royal Air Maroc Cargo is working to strengthen trade exchanges with the American continent. New direct flights connecting Casablanca to São Paulo (GRU) and Toronto (YYZ) have been launched in this direction.

While the tax amnesty aimed at regularizing undeclared liquid assets has resulted in an injection of 60 billion dirhams into the Moroccan banking system, the structural challenges related to banking liquidity persist.

In a letter addressed to the French president, the Council of Mosques of the Rhône (CMR), led by the rector of the Grand Mosque of Lyon Kamel Kabtane, denounces the "arbitrary" decision taken by the prefecture of the Auvergne-Rhône-Alpes Region to terminate the association contracts with the Al-Kindi school group, and calls on Emmanuel Macron to use his authority and responsibility "as guarantor of institutions to re-examine this situation."

Just hours before the inauguration of the 47th President of the United States, Donald Trump, scheduled for this Monday, the Central Intelligence Agency (CIA) is displaying the map of Morocco integrating the territory of the Sahara.

Synthetic images showing sophisticated data interaction between a Hermes 900 drone (naval version) and a FREMM warship (possibly the frigate Mohammed VI, in service with the Royal Moroccan Navy) leave room for several interpretations. Has the Royal Navy acquired this Israeli drone?