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FINANCE

An Initiative to Stimulate Funding for Climate Technologies Startups Launched

An initiative has been launched to accelerate the pace of seed funding for startups specializing in climate technologies. The Climate Action Initiative was launched...

IFC Joins Forces with Mohammed VI Investment Fund to Finance Sustainable Infrastructure Projects in Morocco

The Mohammed VI Investment Fund and the International Finance Corporation (IFC) signed a partnership agreement on Tuesday in Rabat to identify and finance sustainable...

Local Authorities: Over 3.04 Billion Dirhams Loans Contracted in 2021

A total of 3.04 billion dirhams of loans were contracted by the local authorities (CT) from the Communal Equipment Fund (FEC) in 2021, according...

Upper House to Hold 3 Plenary Sessions to Vote on 2023 Finance Bill

The House of Advisors will hold, on Monday, three plenary sessions dedicated to the examination and vote on the Finance Bill 50.22 for the...

2023 Finance Bill: Current Revenues Expected to Rise by 19% (Minister)

Current revenues will have to increase by 19% to 312 billion dirhams under the 2023 Draft Finance Bill (PLF), Minister of Economy and Finance,...

House of Representatives: Adoption in Committee of 2023 Appropriation Bill First Part

The Finance and Economic Development Committee in the House of Representatives adopted by a majority on Wednesday evening the first part of the Appropriation...

Companies: ASK Capital finalizes the acquisition of AXA Assistance Morocco

It is now done, the new holder of AXA Assistance in Morocco is ASK Capital, which finalized on November 8, 2022, the operation to...

The flow of foreign direct investment is increasing and reaches nearly 19 billion dirhams

The net flow of Foreign Direct Investments (FDI) reached nearly 19.7 billion dirhams (MMDH) during the first nine months of 2022. This percentage reflects...

2023 Finance Bill Allocates Additional MAD 6.5Mln to National Education

The budget allocated to the Department of National Education will increase by MAD 6.5 billion in 2023 compared to 2022, to reach an estimated...

2023 Finance Bill Increases Budget for Health Ministry

The budget allocated to the Ministry of Health and Social Protection will increase in 2023 to MAD 28.12 billion, compared to MAD 23.54 billion...

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