Libya air hangar

Morocco receives record 12.3 million tourists in 2018

Morocco closed 2018 with a record number of 12.3 million tourists visiting the country, that is an 8.3% rise compared with 2017, the tourism ministry said. Tourism revenues rose to 73.15 billion dirhams in 2018, from 69.7 billion dirhams in 2017, making the sector one of the main sources of hard currency for Morocco. With […]

Moroccans, First Recipients of Citizenship of EU Member States in 2017

The Moroccan expatriates in Europe were the largest group that acquired the citizenship of a EU country in 2017, according to the European Union Statistics Agency. In 2017, around 825,000 persons acquired citizenship of a Member country of the European Union (EU), down from 995,000 in 2016 and 841,000 in 2015, said Eurostat. The Moroccans […]

IMF sees Morocco’s economic growth at 3.1% in 2024, 3.3% in 2025

The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic levels. Inflation would stand at 2.2% this year and 2.5% next year, in line with central bank forecasts, the IMF said in its April global economic outlook. Algeria’s growth would […]