Morocco’s trade deficit continues to climb to new heights amid the ongoing energy and grain price crisis. At the end of September 2022, the country’s trade deficit rose to MAD …
BusinessEconomyEnergyMarketsMorocco
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MAD
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BusinessEconomyMoroccoTelecommunicationsUncategorized
Maroc Telecom Reports Positive financial Results in Third Quarter of 2022
Maroc Telecom, Morocco’s largest telecommunication operator, announced positive financial results at the end of September 2022, with a 0.3% rise in revenues. The company’s revenues exceeded MAD 9 billion ($842 …
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BusinessEconomyEnergyFood ProductionMorocco
Morocco set to Allocate $2.3 Billion to Subsidize Basic Food and Energy commodities in 2023
Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …