Author: fp

FAIRS AND EXHIBITIONS

Fairs Morocco & Spain 2023 2023 DATES ACTIVITIES TYPE CITY OTHERS March 28-31 FIGAN Fair Zaragoza In partnership with the Ofecomes   April Dqte to be confirmed PREVENTICA Fair Casablanca           May 02-07 SIAM Fair Meknès   10-11 Furniture mission Trade mission Casablanca In partnership with the Maab Consulting 17-18 International chemistry forum […]

Read More

THE 2023 FINANCE BILL

For the year 2023, the finance law is a translation of the governmental priorities set, taking into account the reference framework adopted and the elements of the national and international context. Thus, the general orientations of this finance bill are based on the following 4 axes: ➔ Strengthening the foundations of the social State ; […]

Read More

EMPLOYMENT AND UNEMPLOYMENT 2022

The unemployment rate remains stable between 2021 and 2022 going from 11.8% to 11.4%, according to the HCP. This increase, which concerned all categories of the population, is the result of a stagnation at 5.2% in rural areas and going from 16% to 15% in urban areas. The unemployment rate also fell by 0.9 percentage […]

Read More

TRADE BALANCE 2022

At the end of the year 2022, imports reach 614.935MDH against 426.318MDH at the end of October 2021, i.e. an increase of 44.2% or+188.617MDH. Exports increased by 36.4% or +94.536 million dirhams, reaching 354.095 million dirhams at the end of October 2022 against 259.559 million dirhams a year earlier. According to the latest figures of […]

Read More

ECONOMIC GROWTH MOROCCO 2022

After a strong post-COVID-19 rebound last year, the Moroccan economy has come under increasing pressure from overlapping supply shocks: a severe drought coupled with soaring commodity prices, which have fuelled inflation. Growth has fallen from 7.9% in 2021 to an estimated 1.2% in 2022, while the current account deficit has increased from 2.3% to 4.1% […]

Read More

INFLATION 2022

The CPI for December 2022 increased by 6.6% compared to the previous year. The annual CPI rose by 7.1% and the underlying indicator by 5.8%. – According to the HCP, the food index rose by 11.0% and the non-food index by 3.9%. – The variations recorded for non-food products range from a rise of 0.1% […]

Read More

Economic growth

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 […]

Read More

Finance Act

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 […]

Read More

Public debt

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 […]

Read More

Unemployement

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 […]

Read More