The Governor of the Central Bank of Morocco, Abdellatif Jouahri, announced that his country is discussing with the bank and the International Monetary Fund the adoption of the “electronic dirham” in financial transactions.

The growth of “electronic currencies” internationally prompted the Moroccan Bank to try to explore electronic currency and approve the electronic dirham, with the aim of accelerating financial transactions and reducing their cost compared to paper currencies.

Al-Jawahiri confirmed, during a press conference in Rabat, that Morocco is cooperating with the International Fund and the World Bank to study ways to approve the e-Dirham project, as a special committee has been formed that has been working on this project for more than a year.
Continue Reading🔗

#Abdel_Latif_Al_Jawahiri #Central_Bank_of_Morocco #Electronic_currencies #electronic_Dirham #International_Monetary_Fund #Kingdom_of_Morocco #Morocco #Rabat #Washington