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Economy

Morocco's stability, responsible leadership reinforce its clout on international scene, OBG

Boosted by its stability and its responsible leadership, Morocco has managed to reinforce its clout on the international level, said Oxford Business Group (OBG) in its report 2008 Morocco.
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Morocco's economy up to global economic challenges, minister

Morocco's economy is in a position to rise to the global economic challenges thanks to the structural reforms initiated by the Kingdom, said, here Thursday, Moroccan Finance Minister, Salaheddine Mezouar....
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MCC-Morocco to benefit 600k households

The $ 697.5mln Millennium challenge Compact (MCC), signed between Morocco and the United States, will directly benefit some 600,000 Moroccan households and 3mln people indirectly, CEO of the Agence du partenariat pour le progrès (Partnership Agency for Progress- APP) said on Tuesday....
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Arab economies seem shielded from current financial crisis, meeting

The Arab economies don't seem to be threatened by the current international financial crisis but a possible impact is not to be ruled out should the crisis linger on, affirmed on Tuesday, CEO of the Arab Monetary Fund (AFM), Jassem Al Menai....
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Morocco to host Euro-Med civil society meeting in mid-October

Civil society organizations from the European Union and the Mediterranean Partner Countries will be meeting on October 14-16 in Morocco, the European Economic and Social Committee (EESC) said in a press release....
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2008-2009 agricultural campaign enjoys 'generally favorable' conjuncture, Minister

The 2008-2009 agricultural campaign takes place in "a generally favorable" national and international conjuncture, Agriculture and Fisheries Minister, Abdelaziz Akhannouch, asserted on Monday at the weekly cabinet meeting....
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King lays foundation stone of youth hostel, center for fishermen's families

King Mohammed VI laid, Friday in the northern city of Fnideq, the foundation stone of a hostel for youth and a center for supporting fishermen's families in the city....
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Moroccan expats' remittances greatly contribute to national economy, OBG

The Oxford Business Group (OBG) stressed, Wednesday, the important contribution of remittances of Moroccan expatriates to the economic activity in the kingdom, highlighting the important measures taken by the kingdom to draw as much benefits as possible from these remittances....
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Cost-of-living index up 4.8% in August

The cost-of-living index for August has edged 4.8% from the same period of last year, the High Commission for Planning (HCP) said on Thursday....
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Morocco, active partner in the fight against global food insecurity, FAO

Morocco is an active partner in the fight against global food insecurity, said, here Thursday, deputy representative of the United Nations Food and Agriculture Organization (FAO) in Morocco, Abdelwahab Bouchani....
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Morocco is immune to subprime crisis, minister

Morocco is immune to the subprime crisis for several reasons, notably the fact that the financial sector does not hold securities or loans in financial institutions or international investment funds affected by subprimes, Economy and Finance minister, Salaheddine Mezouar said on Thursday....
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IMF highlights Morocco's 'positive economic' performance in 2008

The International Monetary Fund (IMF) said Morocco made a positive economic performance in 2008 despite the current global economic and financial climate....
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Over 2,000 Moroccan workers enrolled in Spain's next agricultural campaign

Some 2,500 agricultural workers will head for the Spanish region of Huelva (south-west) for the forthcoming agricultural campaign part of a joint job placement program, launched here Monday....
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Morocco launches study to upgrade fisheries

Morocco has launched a study to set up a strategy aimed to develop the competitiveness of the field of fisheries in Morocco, a press release of the Agriculture and Fisheries Ministry said....
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King inaugurates girls' center, female qualification center northeast

King Mohammed VI on Friday inaugurated a girls' center and a female qualification center in the town of Taza (320km northeast of Rabat)....
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Meknes to host 3rd Mediterranean Days of Olive Tree in October

The 3rd "Mediterranean Days of Olive Tree" will take place on October 27-29 in Meknes (14km east of Rabat) under the theme "Challenges of Olive Oil Production: variety, quality, Label, registered designation of origin and Marketing."...
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Regulating agriculture among Morocco's priorities of the year, minister

The agriculture sector will be among Morocco's top priorities this year, said Minister of Agriculture and Fisheries, Aziz Akhannouch, who indicated that special agencies will be set up to this end....
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July producer price index up 2.4%

The producer price index for July 2008 edged 2.4% compared to June on growth of the secondary and extraction sector and the stagnation of the power and water production and distribution.July producer price index up 2.4% ...
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Over 200k people benefited from housing financing program, ministry

Over 200,000 people from underprivileged social classes had access to housing thanks to the government funding program, known by its French acronym FOGARIM, a press release of the Housing Ministry said on Tuesday....
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Morocco shifts back to GMT time by September 1st

Morocco will shift to regular GMT time by September 1st, 2008, a communiqué of the Moroccan Ministry in charge of modernizing Public sectors announced on Friday....
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