Moroccan central bank : An accommodative policy to support a sluggish economy
The national economy is now facing an unprecedented situation marked by a double shock of supply and demand. This is due to the lockdown measures adopted both in Morocco and in most of its trading partners. In response to this challenging context, Bank Al-Maghrib has started a new era of monetary policy since mid-March 2020. [...]
Widening of MAD fluctuation bands : trust accumulation
After Bank Al-Maghrib’s opinion, the Ministry of Finance decided to proceed, starting Monday March 9th 2020, to a widening of the dirham’s fluctuation band from ± 2.5% to ± 5% compared to a central rate set by Bank Al-Maghrib at 60% EUR and 40% USD basket.
Cameroon, 2020 Finance Act Draft : Confirmed status of a model student in the CEMAC class
Overall assessment of the 2019 Cameroonian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.
Morocco, 2020 Finance Act Draft : A text full of realism
Overall assessment of the 2019 Moroccan economy and analysis of the main elements that characterize the 2020 Financial Act Draft.
Ivory Coast, Finance Act Draft 2020 : The challenge of preserving achievements
Overall assessment of the 2019 Ivorian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.
Tunisia, Finance Act Draft 2020 : A text adapted to a transition period
Overall assessment of the 2019 Tunisian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.
Covid-19 - Glimmers of hope at the end of the tunnel
Today, two major questions are plaguing the financial community in Morocco. On the one hand, is the current health crisis likely to continue? On the other hand, what would be its macro and micro-economic impacts?
