Morocco_2025 FA_ Increase in tax revenues_a key element to the good health of public financess publiques
By approaching 20% of GDP in 2025E, tax revenues have reached historically high levels and should stabilize at least until 2027E, according to projections by the Ministry of Finance(1).
MAD Insights January 3rd 2025
The USD/MAD pair appreciated this week by +0.24%, from 10.06 to 10.09.This variation is due to a double positive effect. The basket effect came out negative at -0.14% as the EUR/USD parity was almost stable this week. The market effect, for its part, is positive this week at +0.38%.
MAD Insights December 24th 2024
The USD/MAD pair appreciated this week by +0.66%, going from 10.00 to 10.06.This evolution is due to a double positive effect. The basket effect comes out at +0.48% related to the appreciation of the Dollar against the Euro this week.
Morocco Key Rate Expectations - December 2024
During our recent survey, we identified investors' expectations regarding the evolution of the Moroccan Central Bank Key rate during its 4th and last monetary policy meeting scheduled for December 17th, 2024.
Listed companies Results Q3-24
The commercial achievements of listed companies in the 3rd quarter of 2024 took place within a context marked by two main factors.
MAD Insights December 6th 2024
The USD/MAD pair depreciated this week by -0.57% from 10.06 to 10.00 after remaining above 10 MAD throughout the week.
MAD Insights November 29th 2024
USD/MAD pair appreciated this week by +0.79%, going from 9.98 to 10.06, a high of more than 6 months.This evolution is due to a positive basket effect. This comes out at +0.79% related to the appreciation of the Dollar against the Euro this week.
Analyse Research - Marsa Maroc 2024
Our valuation of Marsa Maroc is conducted within a favorable environment, where the Kingdom aspires to become a global logistics hub for Africa. A credible vision which is supported by Tanger Med II's new position as the 1st port in Europe and Africa in terms of operational efficiency in 2023.
MAD Insights November 22nd 2024
The USD/MAD pair appreciated this week by +1.06%, up from 9.88 to 9.98, a 5-month high.This evolution is explained by a positive basket effect. It comes out at +1.22% after the appreciation of the Dollar against the Euro this week. The market effect comes out to be less significant at -0.16% in favor of the Dirham.
