King Mohammed VI has appointed Mohamed Benchaaboun as Minister of Economy and Finance in replacement of Mohamed Boussaid who had been sacked on August 1. The royal office announced in a statement that the King received Benchaaboun on Monday at the Royal Palace in Rabat and appointed him Minister of Economy and Finance. The King appointed Benchaaboun at the proposal of Head of Government Saad Eddine El Othmani, in accordance with the provisions of Article 47 of the Constitution. Benchaaboun, current Chairman and Managing Director of Morocco’s Banque Centrale Populaire, hails from the same RNI party as his predecessor. The new economy and finance minister will also have to tackle the issue of the gradual dirham liberalization.

Source: The North Africa Journal August 20, 2018 22:07 UTC