Bank Al-Maghrib Releases Two Documents on Morocco’s Potential CBDC
The documents examine economic challenges, international CBDC experience and possible macroeconomic outcomes for Morocco.

Bank Al-Maghrib released two documents examining the economic implications of a potential central bank digital currency (CBDC) for Morocco, including international experience and possible macroeconomic outcomes.
One report by Chaymae Chaoui, Kamal Lahlou and Mohammed Mikou reviews economic challenges and lessons from CBDC projects in other countries.
A second report by Yassine Slaoui, Mohammed Mikou and Michael Kumhof presents a macroeconomic model designed to assess possible outcomes from introducing a digital currency in Morocco.
Bank Al-Maghrib is Morocco’s central bank and is responsible for issuing currency and maintaining financial stability.