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Latest news in Morocco

Tunisia president in Morocco to promote Maghreb union

8 Feb 2012

Tunisia's new President Moncef Marzouki arrived in Morocco Wednesday to push for a revival of a dormant project to unify the Maghreb region on his first foreign tour since taking office.

Morocco vows to cap budget deficit at 5 pct/GDP this year

8 Feb 2012

RABAT (Reuters) - Morocco's recently elected Islamist-led government aims to cap the budget deficit at 5 pct of GDP in 2012, a minister said on Wednesday, after extra spending in the wake of regional unrest helped push the shortfall last year to its highest level since the 1990s. "The budget deficit in 2011 stood at 6.1 pct of GDP," Idriss Azami al-Idrissi Azami, minister in charge of the budget ...

Diamond in the rough economy in Morocco

7 Feb 2012

CASABLANCA, Morocco — Inaugurated by pop star Jennifer Lopez in front of the cream of Moroccan society, Casablanca's first mega-mall, complete with a two-story-high aquarium, is dripping with glamour and luxury. Developers describe it as a step bringing Morocco closer to the ranks of the developed world, but detractors worry ...
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