Step-by-step personal-finance guides for people living and working in Morocco - budgeting, saving, borrowing, and planning for major life events.

From October 1, 2026, Bank Al-Maghrib lowers the general cap on domestic card payment interchange fees from 0.65% to 0.50% excluding tax, with a special rate of 0.15% for digital payments of public services. What interchange fees are, what changes for merchants and consumers, and why this decision should accelerate electronic payments in Morocco.

Since January 2026, basic pension income from CNSS, CMR and RCAR is fully exempt from Morocco's income tax. Who benefits, what changed, a worked example, and whether you still need to file a return.