Category: News 2021

Trade fairs and expositions

Trade fairs and expositions 2021: JANVIERFEVRIERMARSAVRIL 06-07 ENTREPRENDRE EXPO - info@entreprendreexpo.com CASABLANCA DIGITAL 14-16 VENDIBÉRICA 2021 - https://www.ifema.es/ - MADRID 15-17 EXPOFRANQUICIA - https://www.ifema.es/ - MADRID 20-22 ADVANCED FACTORIES EXPO & CONGRESS - https://ccib.es/ - BARCELONA MAI 18-20 E-SISTEP CASABLANCA DIGITAL 26 -27 EMEC EXPO info@emecexpo.ma - CASABLANCA 07- 09 EXPOVACACIONES - https://bilbaoexhibitioncentre.com/ - BILBAO [...] Read More

ECONOMIC GROWTH

In Morocco the economy was severely affected by the health crisis in 2020, it has indeed experienced a decline of 7% compared to an increase of 2.5% in 2019, according to the HCP. Regarding the industrial sector, a drop of 7% in their added value was noted in 2020 against an increase of 2.8% in […]

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EMPLOYMENT AND UNEMPLOYMENT

The unemployment rate rose 2.7 points between 2019 and 2020, from 9.2% to 11.9%, according to the HCP. This increase, which concerned all categories of the population, is the result of an increase in rural areas to 5.9% and urban areas to 15.8%. The unemployment rate rose respectively by 2.9 points to 10.7% for men […]

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INFLATION

The CPI for December 2020 was down 0.5% from the previous month; By the end of 2020, the average annual CPI will have increased by 0.7% and the annual core inflation indicator by 0.5%. According to the HCP, we see a 0.9% increase in the food index in 2020 and a 0.5% increase in the […]

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BUDGET ACT 2021

The priorities of the finance law for the year 2021 are oriented around the following main axes: ➢ Tax compliance and alignment with international standards; ➢ The revival of the national economy; ➢ The protection and strengthening of local production; ➢ Improving the social climate; ➢ The overhaul of the taxation of small taxpayers.

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TRADE BALANCE

In a context of crisis, all sectors have been affected by drastic cuts. With regard to trade in goods, both imports of goods register annual decrease respective decreases of 14.1% and 7.5%. (comparison made in the periods going from January to December 2020 and January to December 2019) According to the Foreign Exchange Office, Morocco’s […]

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