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Morocco’s central bank detected 4,064 counterfeit banknotes worth nearly MAD 574,000 ($57,000) in 2025, a 10% decline from the previous year, even as cash in circulation surged to a record MAD 513 billion, according to Bank Al-Maghrib’s annual report on financial market infrastructure and payment methods. The volume…
The Houses of Representatives and Councillors will hold, this Friday, a joint plenary session devoted to the presentation of the 2027 Finance Bill by the Minister of Economy, Finance and Public Performance. This session, which is being held in accordance with Article 68 of the Constitution, is scheduled to start at…
Morocco’s House of Representatives approved the government program of Head of Government Fatima Ezzahra El Mansouri on Thursday, securing 204 votes in favor and 127 against, completing the constitutional process required for the new government’s parliamentary investiture. A total of 331 lawmakers took part in the…
French authorities on Thursday imposed bans or restrictions on fresh protests springing up in the wake of demonstrations last weekend that degenerated into the country’s worst street violence in years. President Emmanuel Macron said after chairing a meeting of key ministers and intelligence officials that curfews and…
Migrant arrivals in Spain’s Canary Islands surged 159% over two months, with Morocco emerging as a major departure point despite an overall decline in arrivals this year, according to Spanish Interior Ministry figures. Between August 16 and October 15, 4,162 migrants reached the archipelago by boat, compared with…
The World Health Organization warned Thursday that Africa faced a “complex” Ebola outbreak after the virus crossed from east Africa to Nigeria, marking the first case in the west of the continent. Nigeria on Tuesday had announced an imported case of the Bundibugyo strain, currently causing a major Ebola outbreak in…
Houthi attacks on Saudi Arabia are having only a “limited” economic impact on the kingdom so far, owing to robust domestic demand, the IMF’s regional director told AFP, though geopolitical uncertainty remains a threat. The Iranian-backed Yemeni group has ramped up its attacks on Saudi Arabia in recent weeks, hitting…
Morocco’s House of Representatives held a plenary session Thursday to debate the government program presented by the coalition led by Head of Government Fatima Ezzahra El Mansouri, with parliamentary group leaders raising concerns over corruption, purchasing power, public services, fuel prices and the future of the…