Business Headlines Morocco

S&P Expects Morocco’s Economy to Grow By 4.1% in 2020-2021

The international ratings agency Standards & Poor’s expects Moroccan economy to grow by 4.1 pc in 2020-2021, after decelerating to about 3.2 pc in 2019. The expanding automotive and tourism sectors, coupled with increased demand for phosphates and derivatives, will stimulate the long-term performance and somewhat reduce the reliance on cyclical sectors, notably agriculture, says […]