Bank Al-Maghrib Interest Rate Decision to Boost Growth
Bank Al-Maghrib Cuts Interest Rates to Stimulate Economic Growth in Morocco
In a bold move aimed at invigorating Morocco’s economic growth, Bank Al-Maghrib has officially lowered its interest rate to 2.25%, resonating with the pivotal messages shared by Governor Abdellatif Jouahri.During a recent press conference, Jouahri emphasized that this interest rate decision is strategically designed to bolster employment opportunities and enhance financing for small enterprises, which form a critical backbone of the nation’s economy.