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Tag: MOROCCO

Business / Companies / economics

IMF Completes 2025 Article IV Review and Resilience Check in Morocco

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

The IMF completed the 2025 Article IV Consultation with Morocco, allowing a disbursement of SDR 375 million. The economy exhibited resilience despite drought, with projected GDP growth at 3.2% for …

IMF Completes 2025 Article IV Review and Resilience Check in Morocco Read More
Business / economics

Bank Al-Maghrib Reports Decline in Inflation Rates for 2024 in Morocco

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

Bank Al-Maghrib reported a drop in inflation to 0.9% in Morocco for 2024, with projected moderate rises to around 2% in the following years. Core inflation stood at 2.2%, with …

Bank Al-Maghrib Reports Decline in Inflation Rates for 2024 in Morocco Read More
Business / Companies / economics

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Economic Growth

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

Morocco’s Central Bank has reduced the key interest rate to 2.25%, bringing it back to 2022 levels. Inflation rose to 2% in January, but is expected to stabilize around this …

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Economic Growth Read More
Athletics

Moroccan Oumaima Smlali Honored as Best Referee at World Boxing Championship

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

Morocco’s Oumaima Smlali was named the Best Referee at the World Boxing Championship in Serbia. This accolade follows significant achievements by Moroccan boxers, including Widad Bertal’s gold medal and Hasnaa …

Moroccan Oumaima Smlali Honored as Best Referee at World Boxing Championship Read More
economics

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Growth

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Morocco’s central bank has reduced its benchmark interest rate by 25 bps to 2.25%, marking the second consecutive cut. This adjustment aligns with expectations of moderate inflation and aims to …

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Growth Read More
Business / economics

Morocco Lowers Interest Rate to Strengthen Economic Growth Amid Inflation Management

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Morocco’s central bank has reduced the benchmark interest rate to 2.25%, a decision made to manage inflation and boost economic activity ahead of the 2030 FIFA World Cup. The cut …

Morocco Lowers Interest Rate to Strengthen Economic Growth Amid Inflation Management Read More
Business / Companies / economics

Morocco’s Central Bank Cuts Benchmark Interest Rate to 2.25%

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

Morocco’s central bank has cut the benchmark interest rate by 25 bps to 2.25%, marking the third reduction in a row. The bank aims to address the inflation outlook and …

Morocco’s Central Bank Cuts Benchmark Interest Rate to 2.25% Read More
Global news

5.1 Magnitude Earthquake Strikes Algeria, No Reported Injuries

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

A 5.1 magnitude earthquake struck Algeria’s Medea province today, causing tremors felt in Algiers and surrounding areas but resulting in no reported damage or injuries. Local authorities are inspecting infrastructure …

5.1 Magnitude Earthquake Strikes Algeria, No Reported Injuries Read More
Global news

5.1 Magnitude Earthquake Strikes Algeria, Causing Public Alarm but No Damage

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

A 5.1 magnitude earthquake hit Algeria’s Medea province, resulting in no reported damages or injuries. The tremor was felt in Algiers and surrounding areas, leading to public panic. Civil Protection …

5.1 Magnitude Earthquake Strikes Algeria, Causing Public Alarm but No Damage Read More
economics

Morocco’s Preparations for Ramadan 2025: Ensuring Supply Amid Economic Challenges

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

Morocco prepares for Ramadan 2025, anticipated to begin in late February or early March. The Ministry of Islamic Affairs will confirm the date following moon sighting. Local governments are implementing …

Morocco’s Preparations for Ramadan 2025: Ensuring Supply Amid Economic Challenges Read More

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