Morocco’s Economic Growth Hits 3.8% in Q1 of 2017

On the backdrop of abundant rainfall, auguring a good agricultural season, Morocco’s economic growth stood at 3.8% in the first quarter of 2017, compared to 1.6% the same period last year. Statistics released by the state’s High Planning Commission (HCP) show that the agricultural sector improved to 14.2% by the end of March 2017, compared […]

Domestic Demand Growth to Reach 5.9% in 2026 as Morocco’s Economy Stays Consumption-Led – HCP

Morocco’s domestic demand is projected to grow 5.9 percent in 2026, moderating to 3.4 percent in 2027, while retaining its role as the principal engine of economic growth, according to the High Commission for Planning’s (HCP) Exploratory Economic Budget 2027. Domestic demand is expected to contribute 6.5 points to GDP growth in 2026 and 3.8 […]

Tunis to house OIF MENA office ahead of organization’s 18th summit

Tunisia and the International Organization of the Francophonie (OIF) Monday signed a convention to establish the Middle East and North Africa Office of the organization in Tunis. Tunisia’s foreign minister Khemaies Jhinaoui and OIF Secretary General, Louise Mushikiwabo inked the deal in the Tunisian capital. Hosting the OIF regional office will put Tunisia on the […]