Rabat, June 18 -- Morocco's central bank, Bank Al-Maghrib is a central bank which hasn't cut interest rates since 2016, diminishing this year's economic projections for growth and inflation of the country's $ 115 billion economy.

North African Business journalist Suhail Karam reports from Bloomberg that Morocco's central bank won't budge on interest rates, even as the country's economic prospects "took a turn for the worse."

Karam sees Morocco's economic stability, which was established in 2011, as threatened by protests over jobs, poverty, and human rights. The state's reform efforts have recently pushed tens of thousands of teachers and medical school students to rally against what they call a push to privatize a costly public system....