First Independent Mena Newspaper
The global coronavirus epidemic will knock 8.9 points off of Morocco’s economic growth in the second quarter of 2020, says Morocco’s Statistics agency (HCP). In its updated forecast for first semester of 2020, le “Haut Commissariat au Plan” says Covid-19 will cost the country $2.9 billion in economic loss due to a sharp drop in […]
Morocco’s gross domestic product is set to recede in the second quarter by 1.8% as the coronavirus and the measures relating to it halted most of services and hit sectors that are vital to foreign currency revenues, the high commission for planning HCP said. The economy is expected to grow only by 1.1% in the […]
A total of 9,756 persons were admitted to Morocco as refugees and asylees in 2019, a 25 pc increase compared with the previous year, according to latest figures released by the Moroccan national statistics agency (HCP). By the end of December 2019, the North African Kingdom received 6,656 refugees. 38 pc of these refugees are […]
Morocco’s National Statistics Agency (HCP) and the Italian Institute of Statistics (ISTAT) inked, on Wednesday in Rabat, an agreement aimed at fostering cooperation between the two institutions through the exchange of data and experiences. Speaking to reporters after the signing ceremony, Mr, Gian Carlo Blangiardo, Head of the Italian Institute, said the agreement will broaden […]
The Moroccan regions of Casablanca-Settat, Rabat-Salé-Kénitra and Tanger-Tétouan-Al Hoceima accounted for 58.2 % of Morocco’s GDP in 2016, Morocco’s statistics authority, HCP, said. Four other regions accounted for 30.1% of overall GDP with Fez-Meknes taking 9%, Marrakech-Safi 8.8%, Souss-Massa (6,7%) and Beni Mellal Khenifra (5.6%). The three regions represented 32%, 16% and 10,2% respectively. Such […]
Morocco’s unemployment rate eased to 9.1% by June 2018, compared to 9.3 the same period last year, Morocco’s High Planning Commission (HCP) said. Between June 2017 and June 2018, the Moroccan economy created 117,000 jobs, 74,000 of them in cities and 42,000 in rural areas, while a year earlier it only created 74.000 jobs, HCP […]
Morocco’s unemployment rate fell to 10.5% in the first quarter of 2018 as Moroccan economy managed to create 116,000 jobs in a year. Last year, unemployment rate stood at 10.7%, the High Commission for Planning (HCP) said in its latest statistics. Services, agriculture and construction created 50,000, 43,000 and 32,000 jobs respectively. Manufacturing lost 9,000 […]
Morocco’s economy has generated 86,000 jobs in 2017, of which 32,000 jobs in urban areas and 54,000 in rural areas, figures released by the High Commission for Planning (HCP) showed. According to Morocco’s statistics office, the distribution of this volume of employments showed that 55,000 jobs benefitted men and 31,000 jobs women. By sector, agriculture, […]
Morocco forsees growth to slow to 2.8% in 2018, down from 4% in 2017 as rainfall uncertainties haunt the agricultural output. The figures released by Morocco’s statistics office (HCP) show that Morocco’s growth remains vulnerable to the performances of the agricultural sector. According to the same agency, non-agricultural activities would increase slightly from 2.8% in […]
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 […]