Morocco’s Economy Reels as 57% of Businesses Halt Operations Amid COVID-19 Crisis
25 April 2020
Affected by the covid-19 crisis, more than half of the companies in Morocco have permanently or temporarily stopped their activities.
High Commission for Planning
Morocco’s COVID-19 Crisis Leads to 726,000 Job Losses in Formal Sector
23 April 2020
Nearly 726,000 formal sector employees have temporarily or permanently lost their jobs due to the coronavirus. This is indicated by the results of the qualitative survey (…)
Morocco Faces ’Worst Economic Year of Century’ Due to COVID-19 and Drought
14 April 2020
In an interview with Efe, Ahmed Lahlimi, head of the official statistical agency of the High Commission for Planning (HCP), said that the prospects are not good for the (…)
Morocco’s Economy Faces Recession as GDP Expected to Shrink 1.8%
10 April 2020
Recession is looming and threatens the Moroccan economy, whose GDP could contract by 1.8% during the first two quarters of the year.
Morocco’s Economy Shrinks 1.1% in Q1 as Coronavirus Impact Hits
9 April 2020
The coronavirus pandemic is hitting Morocco’s economic growth hard. This growth is down 1.1% in the first quarter.
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’s Services Sector Leads Employment, Accounting for 45% of Jobs
29 February 2020
The number of people employed in the services sector reached 4,927,000 in 2019, or 44.9%. This is information provided by the High Commission for Planning (HCP) for whom (…)
Morocco’s Consumer Price Index Dips 0.1% in January, Food Prices Down 0.4%
23 February 2020
The food products index fell slightly by 0.4% between December 2019 and January 2020.
Morocco’s Job Market Grows: 165,000 New Positions Created in 2019
7 February 2020
The year 2019 was prosperous for the Moroccan economy, which created 165,000 jobs compared to 111,000 jobs created in 2018, according to data published by the High Commission (…)
Moroccan Households Express Growing Pessimism Over Economy and Living Standards, Survey Finds
21 January 2020
A survey, published this Monday, January 20 by the High Commission for Planning (HCP), shows a flagrant pessimism of Moroccan households in 2019, in the face of unemployment, (…)