News
Household debt grows as regulators warn burden is unusually high for an emerging economy
2+ hour, 26+ min ago (162+ words) HESPRESS English - Morocco News EIB lends Morocco "350 million for railway and motorway upgrades Bank Al-Maghrib seen holding rate at 2. 25% through 2026 Business borrowing gets cheaper in Morocco while consumer credit accelerates Bank Al-Maghrib pushes back Revolut entry, says timing is not…...
Morocco's startup ecosystem grows 30. 7% despite losing North Africa lead to Tunisia
4+ day, 7+ hour ago (507+ words) Morocco's startup ecosystem recorded strong growth in 2026, with its overall ecosystem score rising by 30. 7% year over year, nearly double the North African regional average, according to a new global report. The 2026 Global Startup Ecosystem Index, published by research center Startup…...
Bank Al-Maghrib seen holding rate at 2. 25% through 2026
6+ day, 6+ hour ago (135+ words) HESPRESS English - Morocco News Bank Al-Maghrib is likely to keep its benchmark interest rate at 2. 25% through the end of 2026 as higher energy costs threaten to revive imported inflation, Attijari Global Research said. The central bank could resume monetary easing in…...
Business borrowing gets cheaper in Morocco while consumer credit accelerates
1+ week, 18+ hour ago (288+ words) Moroccan companies secured cheaper bank financing in the first quarter of 2026 while borrowing costs for households edged higher, Bank Al-Maghrib data showed, as credit to the non-financial sector expanded by 8. 1% in April. The average lending rate fell by 16 basis points…...
Bank Al-Maghrib seen holding rate at 2. 25% as Iran deal clouds oil outlook
1+ week, 6+ day ago (355+ words) Bank Al-Maghrib is expected to leave its benchmark interest rate unchanged at 2. 25% on June 23 as uncertainty over the durability of the US-Iran agreement and its impact on global energy prices argues against an immediate move, two economists said. The Moroccan…...
Casablanca-Settat strengthens position as Morocco's economic engine in 2024
2+ week, 4+ day ago (643+ words) The report highlights the region's continued dominance in the national economy, with employment and business activity showing steady growth despite persistent structural challenges. According to the study, the number of jobs declared to the National Social Security Fund (CNSS) reached…...
Baitas defends economic record, cites strong growth and tourism gains
3+ week, 1+ day ago (500+ words) Government spokesman Mustapha Baitas on Thursday defended Morocco's economic performance, arguing that national and international data leave little room for debate over the country's growth trajectory. Speaking at the weekly press briefing following a Cabinet meeting, Baitas said economic growth…...
Family-Owned Firms Account for Nearly 65% of Jobs in Morocco
4+ week, 7+ hour ago (438+ words) Family-owned businesses account for nearly 65% of jobs in Morocco, representing around 6. 3 million jobs, according to the first national study dedicated to assessing the economic weight of family businesses by the Institute of Family Business Morocco (IEF-Maroc). Conducted with the support…...
Morocco's development plan shows progress, but unemployment and inequality remain major hurdles
1+ mon, 9+ hour ago (436+ words) Morocco has made progress in expanding social protection, attracting investment and upgrading key public services over the past five years, but deep-rooted problems such as unemployment, inequality, corruption and economic rent-seeking continue to slow the country's development ambitions, according to…...
Fuel tracker: Morocco's diesel remains above pre war levels as regional prices diverge
1+ mon, 1+ day ago (616+ words) Diesel prices in Morocco dropped by MAD 0. 53 per liter as of Monday, 1 June, but they are still about MAD 3. 46 higher than before the recent Iran war. Across North Africa and parts of the MENA region, diesel prices have not moved…...