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FinancialNews


  • 27-07-19

    Moroccan 2020 GDP growth likely at 3.7 percent

    (MENAFN) Morocco is expected to achieve a 3.7 percent economic growth by next year, as the country managed to enjoy a reinforced performance.

    Official newspaper Le Matin revealed the forecast which was announced during the weekly cabinet meeting in Morocco.

    Such a figure is a sharp improvement compared to the projection of a 2.9 percent economic growth for this year.

    It comes as the Moroccan government set a target to keep 3 percent as the rate of the budget deficit considering future growth expectations.

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