Daily Archives: September 30, 2020

Guangzhou Award Invites Cities to Take Joint Action to Address Global Problems

GUANGZHOU, China, Sept. 30, 2020 /PRNewswire/ — On 15 September 2020, the 75th session of the UN General Assembly was opened. World leaders called for efforts to achieve the Sustainable Development Goals (SDGs), a shared vision to end poverty, rescue the planet and build a peaceful world. As the year 2020 marks the beginning of […]

Morocco-Tunisia: Launch of Two Research and Development Programs Worth MAD 20 Mln

Rabat – Two research and development programs worth 20 million dirhams have been launched by the ministry of National Education, Vocational Training, Higher Education and Scientific Research and the Tunisian ministry of Higher Education and Scientific Research.   The first program is meant to support research and development in priority areas for both countries, while

Promoting Tourism Depends on Resumption of Air Traffic, Minister Says

Agadir – The promotion of the tourism sector depends on the resumption of air traffic and the establishment of competitive offers to attract more foreign tourists, said Tuesday in Agadir Minister of Tourism, Handicrafts, Air Transport and Social Economy, Nadia Fettah Alaoui.   Speaking to reporters following a meeting with the Wali of the Souss-Massa

Morocco, Germany: MAD 40Mln Allocated to Promote R&D

Rabat – An amount of MAD 40 million has been allocated to finance a research and development program within the framework of Moroccan-German cooperation for the year 2021.   A call for tenders to finance this program was launched at the initiative of the ministry of National Education, Vocational Training, Higher Education and Scientific Research

Treasury Debt Outstanding more than Doubled between 2009 and 2019 – Audit Court

Rabat – The Treasury debt outstanding has more than doubled since 2009, going from MAD 345.177 billion to MAD 747.996 billion in 2019, which is equivalent to an average annual growth rate of 8% over ten years, according to the Audit Court.   The year 2019 ended with overall financing needs of MAD 46.170 billion,

Morocco’s GDP Down 14.9% in 2020 Q2 – HCP

Rabat – Morocco’s economy posted a 14.9% decrease in growth in the second quarter of 2020, compared to 2.4% a year earlier, the High Commission for Planning (HCP) said.   This performance, which takes into account a 19.1% drop in taxes on subsidies’ net income instead of a 2% increase, is the result of a

Domestic Demand Down 13.2% in Q2-2020 -HCP

Casablanca – Domestic demand contracted by 13.2% in the second quarter of 2020 against a 2.9% increase during the same period of the previous year, according to the High Commission for Planning (HCP).   Household final consumption expenditure saw a sharp decline in its rate of change from a 2.6% increase in Q2-2019 to a