Moroccan economy grew by 4.6% in 2017 compared to 1.2% in 2016 on the backdrop of an improvement of the indicators of the agricultural sector. Abundant rainfall boosted the agricultural value added to 15.4% in the first three quarters of 2017 compared to -12.5% the same period in 2016, Economy and Finance Minister Mohamed Boussaid […]
Tag: growth
IMF : Morocco’s Economic Growth To Reach 4.4 PC in 2017
Morocco’s economic growth has picked up in 2017 and is expected to reach 4.4 percent mostly driven by a significant rebound in agricultural activity, said the International Monetary Fund (IMF). “Inflation has declined further and credit growth is recovering”, while the current account deficit is projected to improve in 2017 to 3.9 percent of GDP, […]
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 […]
Algeria: Still room for growth but need to absorb unemployment
The managing director of the International Monetary Fund (IMF) Christine Lagarde on her current visit to Algeria said that the country still has room for growth but needs to reduce unemployment. She made these remarks shortly after having a meeting with President Bouteflika, Prime Minister Sellal, Governor Mohammed Laksaci of the central bank and other […]



