Boussaid outlines draft bill on Bank Al-Maghrib status

Central Banks' Independence : A way of strengthening Bank Al-Maghrib’s status

Morocco’s government adopted on Thursday a bill regarding amendments to the status of Bank Al-Maghrib (BAM), which will grant it more autonomy. The new project comes hand in hand with the new exchange rate flexibility measure and is a step towards central bank independence (IBC) recommended by the International Monetary Fund. 

Morocco : Bank Al Maghrib to adopt an autonomous status  

Grenfell Tower fire : Moroccan survivors granted passports freely by the consulate

Following the tragic incident in west London, the British government has offered a 12 months amnesty period for the Grenfell fire survivors to check their immigration status. Hopefully, all Moroccan nationals affected by the blaze have a regular immigration status and the Kingdom’s consulate in London offers to grant them for free their passports.