Central Bank, Administration of Customs Sign Partnership Agreement

Central Bank, Administration of Customs Sign Partnership Agreement
Thursday 29 April 2021 - 20:58

Bank Al-Maghrib (Central Bank) and the Administration of Customs and Indirect Taxes (ADII) signed on Thursday a partnership agreement aimed at setting up a formalized framework for the exchange of data and experiences in areas of common interest to both institutions.

This new cooperation framework will enable both institutions to exchange data and to have access to information and studies produced by each one of them in the course of their respective missions, according to a joint statement of the two bodies.

The agreement will facilitate the exchange of experience and enable the building of expertise in the fields of statistics and data management. It will also pave the way for joint economic and financial studies and research.

This cooperation agreement was signed in line with Bank Al-Maghrib’s 2019-2023 strategic plan, which provides for developing an economic and financial expertise center and opening it up to the Bank’s environment through expanded partnerships and strengthened cooperation ties with the communities of central banks and national and international bodies.

The agreement also meets the objectives of the ADII which aim, among other things, to contribute to improving the business environment by relying, in particular, on the economic and financial studies carried out by its partners.

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