Royal Palace in Tetouan - His Majesty King Mohammed VI Receives the Governor of Bank Al-Maghrib
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Governor, Bank Al-maghrib
Search every verified Abdellatif Jouahri interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. On July 14, 2026, Jouahri presented the central bank's annual report for 2025 to King Mohammed VI at the Royal Palace in Tetouan. He reported that the national economy improved in 2025, with growth reaching 4.9 percent, supported by significant investment, while inflation stabilized at a low average of 0.8 percent. Jouahri noted a gap between economic performance measured scientifically and citizens' perceptions, attributing this discrepancy primarily to the fact that employment had not yet seen the expected improvement. He also stated that the central bank continued its management approach by lowering the key interest rate to 2.25 percent and meeting all bank liquidity requests. At a press conference on June 23, 2026, Jouahri announced that the Bank Al-Maghrib board had decided to keep the key interest rate unchanged at 2.25 percent. He stated that the board planned to present a full dossier on inflation targeting in September, conduct a simulation in December, and officially move to inflation targeting starting the following year. Jouahri also discussed the impact of the Middle East conflict on supply chains and inflation, and noted that a recent U.S.-Iran agreement could lead to a gradual normalization of maritime transport.
“في محيط خارجي اطبعه توالي الصدمات واستمرار اللايقين واصل الاقتصاد الوطني تحسنه خلال سنه 2025 حيث سجل نمو بنسبه 4.9% مدعوما بالخصوص بالمجهود الكبير في الاستثمار ورغم هذه الوتيره استقر التضخم في متوسط متدني لا يتجاوز 0.8%”
“ففي هذ السنوات الاخيره لوحظت فجوه بين الاداء الاقتصادي المقاس وفق منهجيه علميه وانطباع المواطنين وهي ظاهره عالميه تعزى الى عده عوامل وفي بلدنا رجع هذا التباين بالاساس الى كون التشغيل لم يعرف بعد التحسن المنتظر”
“Le conseil a jugé approprié de maintenir le taux directeur inchangé à 2,25 %.”
“Nous prévoyons de présenter le dossier au conseil dans toutes ces composantes au conseil de la banque en septembre et nous pouvons faire une simulation à blanc en décembre et ouvrir la voie au ciblage de façon officielle à partir de l'année prochaine en touchant du bois.”
“The Council deemed it appropriate to keep the policy rate unchanged at 225 basis points.”
“The decision was taken unanimously; everyone agreed to maintain the rate unchanged.”
“We imposed conditions as the central bank. The first condition is that the establishment must aim to support the development of these countries — a win‑win — and that it cannot be described as neocolonialism.”
“This presence accounts for roughly 20% of the banks' consolidated balance sheet and about 30% of their consolidated results.”
“We have just finalized a draft law on cryptoassets with the assistance of the World Bank and the International Monetary Fund, taking into account global developments including the latest G20 recommendations; the draft is now in governmental and parliamentary implementation so that these assets are better regulated with...”
“The fundamental problem is cybersecurity, and we have been very vigilant regarding the banking system's cybersecurity; as the central bank we act as the interface between the national defense administration and the banking system, including other financial regulators.”
“First and foremost, the de facto independence of the central bank was crucial; it later was formally enshrined in law, giving the central bank an objective and influential standing because it wasn't tied to any political parties.”
“We actually have more confidence in what the central bank says than in what politicians say.”
“Given all of these elements, the council judged that the current level of the policy rate remains appropriate and decided to keep it unchanged at 2.25%.”
“Our price objective in our mind is close to 2%, and monetary policy will continue to be important because residents do not have the ability to freely carry out capital operations.”
“I have been at the head of Bank Al-Maghrib for 23 years, and I am waiting for His Majesty the King to appoint my successor.”
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Gouverneur de la Banque centrale du Maroc depuis 2003, Abdellatif Jouahri est l’un des acteurs les plus influents de la finance africaine. Ancien ministre des Finances, Abdellatif Jouahri a accompagné les grandes réformes économiques du Maroc et traversé plusieurs crises mondiales. À 86 ans, son parcours force le respect dans les milieux financiers internationaux. Portrait d’un homme qui a marqué durablement la politique monétaire marocaine. ------------------------------- Abonnez vous à la chaine: http://bit.ly/1ngI1CQ Like notre page Facebook: / africa24tv. . Suivez nous sur…
Official website of Bank Al-Maghrib - the Moroccan central bank Official Bank Al-Maghrib Channel -Bank Al-Maghrib official
الموقع الرسمي لبنك المغرب - البنك المركزي المغربي Chaîne officielle de Bank Al-Maghrib -Bank Al-Maghrib official
At the Africa Financial Summit - AFIS 2025, Abdellatif JOUAHRI Wali, Bank Al-Maghrib, shares his insights on the challenges and opportunities shaping Africa’s financial sector. Discover more about AFIS : https://www.afis.africa/ Follow us on LinkedIn : / africa-financial-industry-summit-afis Follow us on Instagram : https://www.instagram.com/africafinan...
At the Africa Financial Summit - AFIS 2025, Abdellatif JOUAHRI Wali, Bank Al-Maghrib, shares his insights on the challenges and opportunities shaping Africa’s financial sector. Discover more about AFIS : https://www.afis.africa/ Follow us on LinkedIn : / africa-financial-industry-summit-afis Follow us on Instagram : https://www.instagram.com/africafinan...
Abdellatif Jouahri est le gouverneur de Banque Al-Maghrib depuis 2003 et l'homme derrière les grandes réformes qui ont fait du Maroc l'une des économies les plus importantes de la région du Moyen-Orient et de l'Afrique du Nord (MENA). Dans cet épisode, Jouahri s'entretient avec Taline Koranchelian, directrice adjointe du Département Moyen-Orient et Asie centrale du FMI pour évoquer sa longue et éminente carrière. Leur conversation a eu lieu à la veille des Assemblées Annuelles 2023 qui se tiendront au Maroc en octobre.
الموقع الرسمي لبنك المغرب - البنك المركزي المغربي Chaîne officielle de Bank Al-Maghrib -Bank Al-Maghrib official
الجواهري: قضيت 23 سنة على رأس بنك المغرب وأنتظر أن يعين جلالة الملك خلفاً لي، بنك المغرب مرحبا بكم فـ قناة أخبار اليوم 24 قناة ...
حقائق وأرقام عن الاقتصاد المغربي الذي يعاني في صمت, واملاءات قوية من صندوق النقد الدولي , فهل سنشهد محاسبة الحكومة ؟
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