Morocco Economy

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The Maghreb – which principally comprises Algeria, Libya, Mauritania, Morocco and Tunisia – has been hard hit by the coronavirus, but the pandemic has also sparked innovation and driven changes in the region that many hope will outlast Covid-19.

Morocco received praise from the EU at the end of April for its quick, effective and coordinated response to the coronavirus pandemic.

Although a slowdown in international trade made 2019 a leaner year for Morocco, real GDP growth decreased only slightly to 2.7%, from 3% in 2018, according to the IMF. This trend is expected to be reversed in 2020, with the national authorities and the IMF forecasting growth will accelerate to 3.5% and 3.7%, respectively.

Le Maroc s’apprête à voir grimper ses exportations industrielles suite à l’inauguration du port Tanger-Med 2.

Le Maroc, de concert avec la Banque mondiale, s’emploie actuellement à développer l’entreprenariat national en améliorant la bureaucratie et l’infrastructure numérique, et en renforçant l’intégration des individus et entreprises dans le système financier organisé.

L’économie marocaine a conservé une croissance soutenue en 2018, appuyée par de solides flux d’investissement et des exportations en hausse dans plusieurs secteurs ; une détérioration générale du climat économique mondial devrait toutefois freiner l’expansion cette année.

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