Economy

Morocco’s Non-Performing Loans Soar to Over $9.8 Billion

Morocco ‍Tackles⁢ Mounting Non-Performing Loans with New Secondary Debt Market

Morocco’s central bank, Bank Al-Maghrib (BAM), is taking decisive ‌action to address the growing challenge of non-performing‍ loans (NPLs) by establishing ⁤a secondary debt market. This move, announced by BAM Governor Abderrahim Bouazza, aims to

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The MoroccoMirror team is a group of passionate journalists dedicated to Morocco and its rich culture and history. We strive to provide comprehensive coverage of the latest events in the country, from politics and economics to culture and sports. Our commitment is to deliver accurate and reliable information to our readers, while maintaining an engaging and enjoyable style.

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