Morocco

The Moroccan dirham appreciated by 5.57% against the dollar during the first five months of 2008 and stood at MAD7.3373/US$ at the time of writing. However, we continue to forecast... 2008-06-02

As the official launch of the Union for the Mediterranean draws closer, we reiterate our view that the Arab-Israeli conflict will hinder any meaningful political integration, although... 2008-05-29

High commodity prices are a major risk factor for North Africa - not only have we increased our year-end inflation forecasts across the board, we also anticipate above-target budget... 2008-04-25

The assessment by a UN mediator that Western Saharan independence is unrealistic lends weight to Morocco's position in ongoing negotiations, although a final accord still looks some... 2008-04-25

Morocco's trade unions have rejected government proposals on changes to the minimum wage, claiming that they do not go far enough to compensate the rising cost of living. The state... 2008-04-25

We are forecasting a widening of Morocco's trade deficit to US$16.8bn in 2008 from US$14.5bn last year.

The latest round of talks on the future of Western Sahara ended without any further progress. The talks, held near New York City in mid-March, achieved little except an agreement... 2008-04-08

Unemployment remains an ongoing concern in Morocco - the latest quarterly figures put it at 9.9% in Q307- and we believe that the government will struggle to maintain a joblessness... 2008-04-08

The relaunching of relations between the EU and the countries surrounding the Mediterranean should lead to more progress on practical matters such as security cooperation. However,... 2008-04-01

Commodity-driven inflationary pressures are balanced against the possibility of a slowdown in exports to the eurozone from Morocco and Tunisia. Central banks in both countries are... 2008-03-27