Morocco Creates Fund to Boost Start-ups, Sets Interest Rate at 2%

Rabat – Morocco’s banking sector has decided to cap the interest rate at 2% for small and very small enterprises. The interest rate is the lowest ever and aims to promote entrepreneurship. The decision to reduce the interest rate...

Morocco Creates Fund to Boost Start-ups, Sets Interest Rate at 2%

Rabat – Morocco’s banking sector has decided to cap the interest rate at 2% for small and very small enterprises. The interest rate is the lowest ever and aims to promote entrepreneurship. The decision to reduce the interest rate of Moroccan banks came at the instructions of King Mohammed VI. The move is part of […]

The post Morocco Creates Fund to Boost Start-ups, Sets Interest Rate at 2% appeared first on Morocco World News.