Thursday, October 8, 2026English edition
TheBinational

Country risk, from the local press

Morocco · Country watch

Bank Al-Maghrib Cuts Fees, Royal Air Maroc Localizes

Bank Al-Maghrib reduces electronic transaction fees; Royal Air Maroc plans to localize 60% of imports.

The picture Improving

Business conditions in Morocco are improving with Bank Al-Maghrib reducing transaction fees and Royal Air Maroc increasing local procurement, boosting local industry and reducing costs.

In this briefing Bank Al-Maghrib · Royal Air Maroc · Ministry of Industry and Trade (Morocco) · Moroccan Association of Exporters

Regulation

  • finance
  • technology

Bank Al-Maghrib cuts electronic transaction fees

Bank al Maghrib after adding Tifinagh
Bank al Maghrib after adding Tifinagh Bananakingler, CC0 via Wikimedia Commons

Bank Al-Maghrib has reduced the cap on interchange fees for domestic electronic transactions to 0.5%, effective from October 1, 2026. This decision aims to lower costs for banks and payment institutions handling transactions with Moroccan bank cards within the country. The move is part of a broader strategy to encourage electronic payments and reduce cash usage, according to Tangier News.

Impact Banks and payment institutions face reduced fee income from domestic electronic transactions.

Sources: Tangier News ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

  • manufacturing

Royal Air Maroc to localize 60% of imports

Royal Air Maroc, in partnership with the Ministry of Industry and Trade, plans to replace 60% of its imports with locally manufactured products and services. This strategic move aims to support Moroccan enterprises and develop an industrial ecosystem meeting the aviation sector's stringent standards. Alyaoum24 reports that this initiative is expected to boost the 'Made in Morocco' brand and enhance the competitiveness of local businesses.

Impact Local manufacturers and service providers gain from increased demand from Royal Air Maroc.

Sources: Alyaoum24 ↗

Markets

Nothing significant reported today.

Trade

Nothing significant reported today.

Politics

  • finance

ASMEX outlines fiscal priorities for 2027 budget

The Moroccan Association of Exporters (ASMEX) has outlined its fiscal priorities for the 2027 budget, including a guaranteed VAT credit refund timeline and lighter reporting obligations. Telquel reports that ASMEX is also advocating for a carbon tax compatible with European mechanisms. These measures aim to alleviate financial burdens on exporters and enhance their competitiveness in international markets.

Impact Exporters anticipate improved cash flow and reduced administrative burdens.

Sources: Telquel ↗

Also today in Morocco

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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The same day elsewhere