World Bank Raises Morocco’s 2019 Growth Forecast to 2.9% on Tourism Boost

The international financial institution now expects growth of 2.9%, 0.2 points better than what was announced last June. This increase is due to "the improvement in tourism activity" and "the reform of companies."

Next year, 3.5% is expected, the same figure is also expected in 2021, estimates the World Bank.

For its part, Bank Al-Maghrib forecasts economic growth of 3.1% in 2019 and 3.6% in 2020.