VOL. XXXVII

NO. 43

25-JULY-1994

Financial andBanking News

Economic Policy

New Finance Minister In Morocco

Mr. Mourad Cherif, 49, has been appointed to replace Mr. Muhammad Sagou asMorocco's Finance Minister. The appointment was made on 15 July. Mr. Cherifwas previously the Minister for Trade, Foreign Investment and Industry, and is aboard member of the Moroccan industrial combine Omnium Nord Africain (ONA),which is partly owned by the royal family. Mr. Cherif is also a former head ofONA's mining...