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Steady progress in school enrollment and education levels in Morocco

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Over the 2023-2024 academic year, Morocco witnessed continued growth in preschool enrollment rates for children aged 4 to 5. Nationally, the rate reached 62.7%, with significant differences between urban and rural areas. In cities,...

Morocco sees smaller households by 2024

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As of September 1, 2024, Morocco is witnessing a profound shift in household dynamics, with the number of households reaching 9.27 million, up from 7.31 million in 2014. This growth represents an annual increase...

Morocco’s population tops 36.8 million in 2024 amid slower growth and urban surge

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As of September 1, 2024, Morocco's population stands at 36,828,330, according to the latest figures from the Haut-Commissariat au Plan (HCP). This represents an increase of nearly three million people since 2014, though the...

Morocco’s economy slows to 2.6% in 2024, poised for stronger growth ahead

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Morocco’s economic growth is projected to slow to 2.6% in 2024, down from 3.4% in 2023, according to the latest forecasts from Bank Al-Maghrib (BAM). However, growth is expected to accelerate to 3.9% over...

Bank Al-Maghrib cuts key interest rate to 2.5% amid economic uncertainty

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On Tuesday, December 17, 2024, the Board of Bank Al-Maghrib (BAM) held its final quarterly meeting of the year, where it announced a 25-basis-point cut to the key interest rate, bringing it down to...

Fish canneries grapple with surging vegetable oil costs: How are they adapting?

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The relentless rise in vegetable oil prices has sent shockwaves through the food industry, hitting fish canneries especially hard. For a sector renowned for products like sardines in oil, this essential ingredient has transformed...

The new BMW X3 debuts in Morocco: A blend of luxury and sustainability

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The fourth generation of the BMW X3 has officially arrived in Morocco, marking a new chapter for this iconic model. Since its initial launch in 2003, the BMW X3 has become a benchmark in...

Public financial reforms at a standstill? Insights from the Moroccan Court of Auditors

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The Moroccan Court of Auditors has unveiled its comprehensive annual report for 2023-2024, highlighting the state of public financial management in Morocco. Published in the Official Bulletin (No. 7360 bis), the report meticulously examines...

Royal Air Maroc crowned “Best Airline in Africa” for second consecutive year

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Royal Air Maroc (RAM) has once again claimed the prestigious title of "Best Airline in Africa" at the 21st edition of the GT Tested Reader Survey Awards, hosted by the renowned U.S. publication Global...

Financial investors anticipate BAM’s december rate decision: Stalemate or stimulus?

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With the upcoming monetary policy meeting scheduled for December 17, financial investors remain split on whether Bank Al-Maghrib (BAM) will maintain its key rate or implement a modest cut. A survey conducted by Attijari...

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