Morocco's Key Rate Cut Sparks Economic Boost Ahead of Major Investments

Morocco's Key Rate Cut Sparks Economic Boost Ahead of Major Investments
6 days ago

In a significant move to stimulate its economy, the Bank of Morocco has announced a reduction in its key interest rate, cutting it from 3.00% to 2.75%. This decision, effective immediately, is seen as a critical step to encourage investment and economic activity, particularly in light of the upcoming 2026 FIFA World Cup, which is expected to bring substantial financial influx and developmental opportunities to the nation.

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Morocco's Bold Move: Doubling Green Power Output for World Cup in West Sahara

Morocco's Bold Move: Doubling Green Power Output for World Cup in West Sahara
2 months ago

In a significant announcement that aligns sustainability with international sporting events, Morocco is set to double its green power output from the contested region of West Sahara as part of its commitments for the upcoming FIFA World Cup. This initiative showcases the country’s dedication to not only enhancing its renewable energy portfolio but also to leveraging significant global events to spotlight its resources and capabilities.

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