First Independent Mena Newspaper
Morocco’s unemployment rate dropped to 11.2% in the first half this year, compared with 12.8% a year earlier, the high commission for planning said. From June 2021 to June 2022, the Moroccan economy created 133,000 jobs as the country shakes off dust left by the pandemic which hit most productive sectors. The new jobs were […]
Moroccan economy is expected to grow by 4.3% in the fourth quarter of 2021, instead of a 5.1% decline a year earlier, due to an increase of 18.5% of the agricultural value added and 2.5% of the non-agricultural value added, according to the planning agency, HCP. Crop production growth prospects are expected to remain favorable, […]
The coronavirus pandemic hit the income of many Moroccans with 1.05 million people expected to fall into poverty, the high commission for planning said. Poverty may grow in Morocco to 6.6% of the population this year, said a report co-drafted by the high commission for planning, the World Bank and the UN. Morocco has undertaken […]
Morocco will have to act quickly to respond to the scale of changes in the lives of individuals and in several sectors of its economy, particularly that of the informal sector, recommends a report released Monday August 17. COVID-19 presents a systemic risk creating vulnerabilities, widening inequalities and hindering the achievement of the Sustainable Development […]