IMF Slashes Morocco’s Growth Forecast to 1.1% Amid Global Economic Pressures
22 April 2022
The International Monetary Fund (IMF) has revised its growth forecasts for Morocco this year to 1.1%, a sharp decline from the previous estimate of 3%.
Economic growth
Morocco’s Economy Grows 1.2% in Q1 2022, Despite Agricultural Decline
14 April 2022
The Moroccan economy has shown resilience, despite exogenous shocks. In the first quarter of this year, economic growth stood at 1.2%, up from the same period last year, (…)
Morocco’s Inflation Set to Hit 4.7% Amid Global Economic Pressures
2 April 2022
Given the evolution of the economic situation marked by the surge in the price of certain products, Bank Al-Maghrib estimates that inflation could reach 4.7% at the end of the (…)
Morocco’s Economy Surges 6.6% in Q4 2021, Driven by Agriculture and Non-Agricultural Growth
31 March 2022
Despite the rise in inflation and the slowdown in activities, the Moroccan economy remained solid. In the fourth quarter of 2021, the growth rate reached 6.6% instead of a (…)
Morocco Grapples with Economic Fallout as Ukraine War Drives Wheat Prices Higher
18 March 2022
Like many countries with trade relations with Russia and Ukraine, Morocco is seriously disrupted by the crisis between the two countries, with the surge in prices of cereals (…)
Report: Morocco’s Female Employment Rate Lags Behind Global Average
8 March 2022
In Morocco, the activity rate of women is low compared to the level recorded worldwide, according to the first report on the economic participation of women, published by the (…)
Morocco-Spain Trade Hits New High: Exports Surge 14.6% to €7.3 Billion in 2021
3 March 2022
In 2021, Morocco exported around 7.3 billion euros to Spain, up 14.6% compared to 2020, according to data published by the Spanish embassy in Rabat.
IMF Reports Strong Recovery of Moroccan Economy Post-Pandemic
11 February 2022
Heavily impacted by the health crisis, the Moroccan economy has been recovering since last year, with good forecasts, according to the International Monetary Fund (IMF).
Morocco’s Economy Rebounds in 2021 Despite Pandemic Challenges
28 January 2022
The Moroccan economy has shown exceptional vigor over the past year in a particular context related to the health crisis, thanks in particular to the government’s support (…)
Morocco’s Industry Sector Recovers 40% of Jobs Lost to Pandemic, Minister Reports
27 January 2022
Morocco is gradually recovering from the Covid-19 pandemic, while the Industry sector alone has recovered 40% of the jobs lost during the health crisis, said the Minister of (…)