Moroccan Central Bank Maintains 2.25% Rate

The Central Bank of Morocco has decided to keep the main interest rate at 2.25%, considering that current costs align with inflation expectations despite the increasing global economic uncertainty. The average inflation rate is expected to be 0.7% in 2026, following a decline in food prices, and then rise to 1.7% the following year. In August, the annual inflation rate slowed to 0.3%. To boost stability, the government plans to add 20 billion dirhams to its budget for 2026, including increased subsidies to maintain prices for transportation, gas, and electricity.

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