Wadie El Mouden

After bringing down MINURSO, Moscow looks for a scapegoat
In a statement published on Sunday, November 1, Russian diplomacy blames the United States for the demise of the UN mission in the Sahara. But it leaves out one crucial detail: Russia’s own veto defeated the only resolution that could have extended its mandate.
Diesel prices rise by up to MAD 1 as gaps between fuel retailers widen
The latest price adjustment, which took effect on Sunday, November 1, has pushed diesel prices up by as much as MAD 1 per liter, while gasoline prices have fallen by 10 to 30 cents depending on the retailer. In Casablanca, price differences between distributors are particularly pronounced. Diesel has also cemented its new position as the more expensive fuel, a departure from long-standing patterns in the Moroccan market.
Moroccan truck driver caught in gunfire after traveling without military escort in Mali
A video showing a visibly frightened Moroccan truck driver as heavy gunfire rings out near his vehicle has drawn attention to the risks faced by transporters traveling through Mali without waiting for military-escorted convoys. According to information Le360 obtained from a source close to transporters operating in the country, the incident took place on Thursday along a particularly sensitive road near the Mauritanian border. The driver escaped unharmed.
Sahara: Despite Russian veto, US draft reveals growing support for Morocco’s autonomy plan
The US-drafted resolution failed to pass the Security Council after Russia exercised its veto. But with 11 votes in favor and three abstentions, the vote highlighted a significant shift in the Council’s position, placing Morocco’s autonomy initiative under its sovereignty at the center of efforts to reach a political settlement.
Who stands to gain from income tax reform? Why Lekjaa’s MAD 10,000 figure is causing confusion
Between gross pay, net taxable income and take-home pay, the proposed income tax reform has generated considerable confusion. Yet the distinctions are crucial to understanding who will qualify for the government’s promised exemption, how it will be calculated and why two employees earning the same salary may face different tax bills. Here is how the changes would work.
Lekjaa leaves door open to further tax increases on luxury cars
Speaking on 2M’s “Saât Assaraha,” the Economy and Finance Minister defended the tax hikes proposed in the 2027 Finance Bill, saying further increases in registration duties on luxury cars remain possible if their numbers continue to rise.
Pensions: MAD 7.3 billion a year to give 431,000 widows full survivor benefits, Lekjaa says
Widows will receive their late husbands’ full pensions, rather than the 50% currently paid, under a measure included in the 2027 draft Finance Bill, Economy, Finance and Public Sector Performance Minister Fouzi Lekjaa said on Wednesday evening during an appearance on 2M’s Saât Assaraha program. The increase will be funded directly from the state budget, without placing an additional burden on pension funds.
The state to fund minimum pension increase without burdening retirement funds, Lekjaa says
Morocco’s planned increase in the minimum pension under the 2027 draft budget will be funded entirely by the state, with no additional burden on pension funds, Economy, Finance and Public Sector Performance Minister Fouzi Lekjaa said on Wednesday evening during an appearance on 2M’s Saât Assaraha program. He also signaled that a long-awaited overhaul of the pension system would move swiftly from consultations to concrete decisions.
Tanger Med 3 and Nador West Med: Investment, capacity, timelines and jobs — the key figures
King Mohammed VI chaired a meeting at the Royal Palace in Rabat on Wednesday, October 28, to review preparations for the opening of Nador West Med and the expansion of Tanger Med. With MAD 8 billion being invested in the new Tanger Med 3 port and MAD 54 billion committed to Nador West Med, Morocco is expanding its port and energy infrastructure. The challenge through 2035 will be to turn that investment into industrial activity, jobs and lasting economic gains for the surrounding regions.
Morocco’s 2027 budget targets oil distributors with higher tax on bumper profits
Morocco plans to raise corporate income tax from 35% to 40% for fuel importers and distributors posting net profits of at least 100 million dirhams under the draft 2027 Finance Bill. The proposal follows a sharp rebound in the sector’s earnings and has renewed debate over how much the most profitable fuel distributors should contribute in taxes.