Moroccan Sugar Giant Cosumar Reports 7% Revenue Growth, Advances Saudi Refinery Plans
1 April 2020
Despite the rise in the energy bill, the Cosumar group reports an improvement in its results and talks about its future Saudi plant.
Economic growth
Moroccan Business Council Warns of Economic Fallout from COVID-19 Pandemic
27 March 2020
The Moroccan Business Climate Council (CMC) looked at the economic shock caused by the coronavirus (covid-19) pandemic. In an analysis, the CMC noted that the pandemic has (…)
Morocco Faces Economic Downturn as Drought and Coronavirus Impact Growth Forecasts
13 March 2020
The scarcity of rainfall and the Coronavirus will not fail to weigh heavily on the Moroccan economy. In its growth forecasts for the year 2020, the High Commission for Planning (…)
Morocco Considers Cannabis Reform to Boost Economy Amid Taboo
6 March 2020
A survey conducted by L’Économiste states that cannabis consumption in Morocco is a fact. However, consumers are not known to their entourage. As a result, the subject remains (…)
Drought Threatens Morocco’s Agriculture and Economic Growth Forecast
3 March 2020
Abnormally high temperatures across Morocco and the lack of precipitation portend another dry season that could affect agricultural production and consequently the economic (…)
Morocco’s Tourism Sector Drives 7% of GDP, Minister Highlights Economic Impact
29 February 2020
Economic growth in Morocco can still rely on tourism, which contributes 7% to the gross domestic product (GDP). The Minister of Tourism, Handicrafts, Air Transport and Social (…)
Morocco’s Economy Set to Grow 3.9% by 2021, AfDB Report Forecasts
31 January 2020
Morocco’s real GDP growth is expected to reach 3.7% in 2020 and 3.9% from 2021.
Morocco’s Economy Poised for Rebound in 2020 After Slow Growth Year
17 January 2020
The High Commission for Planning (HCP) has reported a slowdown in the country’s economic situation in 2019. This situation could improve this year in view of several parameters.
Morocco’s Economy Set to Grow 3.3% in Q1 2020, HCP Forecasts Show
10 January 2020
National economic growth will increase by +3.3% in the first quarter of 2020, compared to +2.5% in the first quarter of 2019, according to the High Commission for Planning, in (…)
Morocco’s Economic Growth Slows to 2.1% in Q3 2019, HCP Reports
5 January 2020
Moroccan economic growth experienced a slight slowdown in the 3rd quarter of 2019, now reaching 2.1% compared to 3% a year earlier, according to the High Commission for (…)