Morocco Economy

The Moroccan economy experienced several setbacks in 2012 due to a combination of unfavourable global economic trends, a volatile exchange rate and a drought that caused a drop in revenues from its primary sector, agriculture. However, the government is committed to addressing the most pressing concerns for the economy, having laid out development plans for the agriculture and tourism sectors. A...

Largely spared the unrest that spread through the region as part of the Arab Spring, Morocco’s stability was in part thanks to subtle shifts in power brought about through constitutional changes in 2011 that further empowered parliament and devolved some responsibilities to regional authorities. A member of several regional and international bodies, Morocco has strong relations with a range of...