Lahcen Mokena

Lahcen Mokena
Business Morocco’s Tax Exemptions Total $3 bln in 2019

Morocco’s Tax Exemptions Total $3 bln in 2019

Morocco's tax exemptions totaled 27.78 billion dirhams ($3 billion) this year, down 3 percent from a year ago, according to a report by the Ministry of Economy…

Lahcen Mokena (Casablanca)
Business Morocco Seeks to Lower 2020 Fiscal Deficit to 3.5%

Morocco Seeks to Lower 2020 Fiscal Deficit to 3.5%

Morocco is targeting to lower its fiscal deficit of 3.5 percent of gross domestic product (GDP) in 2020 through a bunch of financial and taxation procedures. …

Lahcen Mokena (Casablanca)
Business Morocco Higher Planning Commission Predicts Improvement in Economic Growth

Morocco Higher Planning Commission Predicts Improvement in Economic Growth

Morocco's economic growth is expected to rise slightly in Q4 of 2019 to 2.6 percent, after falling to 2.4 percent in Q3 due to the contraction of global trade…

Lahcen Mokena (Casablanca)
Business Standard & Poor’s Raises Morocco's Rating Outlook From Negative to Stable

Standard & Poor’s Raises Morocco's Rating Outlook From Negative to Stable

Standard & Poor’s (S&P’s) has maintained Morocco's credit rating at the current level of BBB- / A-3, revising its outlook from negative to stable. In its…

Lahcen Mokena (Casablanca)
Business Morocco: External Debt Exceeds $35.3b

Morocco: External Debt Exceeds $35.3b

Morocco’s external debt reached MD337.84 billion (USD35.3 billion) at the end of June, registering an increase of around 3.4 percent compared to the beginning…

Lahcen Mokena (Casablanca)
Business Morocco: Economic Center Expects Growth to Reach 4.6% in 2020

Morocco: Economic Center Expects Growth to Reach 4.6% in 2020

A Moroccan business center has expected the country's economic growth to accelerate to 4.6 percent next year compared to 2.6 percent in 2019. Mohammed al…

Lahcen Mokena (Casablanca)
Business Morocco, Egypt Sign Cooperation Deal in Insurance Field

Morocco, Egypt Sign Cooperation Deal in Insurance Field

The Moroccan Federation of Insurance and Reinsurance Companies (FMSAR) has called on its Egyptian counterpart to resolve the delay in the case of a Moroccan…

Lahcen Mokena (Marrakesh)
Business Morocco to Begin Compulsory Insurance for Natural Disasters Early 2020

Morocco to Begin Compulsory Insurance for Natural Disasters Early 2020

Compulsory insurance against natural and terrorist disaster damages will begin in Morocco in early 2020, according to Nouman Essami, director at the Moroccan…

Lahcen Mokena (Marrakesh)