The Moroccan economy has experienced a moderate growth of its economy in 2018 compared to 2017, the GDP growth rate stood at 4.1%. According to the latest reports of the Ministry of Economy and Finance of Morocco, the behavior of different sectors in 2018 was as follows: The good prospects for the 2018-2019 crop year […]
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The 2019 budgets will aim to maintain macroeconomic balances. A growth rate of 3.2%, control of inflation and deficit, as well as the development of social policies aimed at reducing social and territorial inequalities and the revision of the development model. The 2019 public investment will ensure the continued development of the country’s sector strategies […]
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In fiscal year 2018, Morocco’s trade deficit widened, even though its coverage rate improved. Exports increased by about 10%, being the main export sectors and concentrating 80% of them. For the fifth year in a row, the automotive sector is the largest exporter. Phosphates and its derivatives make Morocco the country with the largest world […]
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The unemployment rate was around 9.8% at the end of 2018, a drop of 0.4 points from the previous year, which 81% was created in urban areas. About 58% of the 112,000 jobs created correspond to the service sector, followed by agriculture, forestry and fishing with 17%, construction by 13%, and industry and craft trades […]
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