Morocco Economy

Stronger agricultural growth, combined with increased export revenue, saw Morocco’s economy expand at a faster pace in 2017, with promising prospects for 2018. Local and international GDP growth estimates for 2017 were similarly optimistic: Morocco’s central bank, Bank Al Maghrib (BAM), put expansion at 4.1%, while the IMF estimates released...

Diplomatic challenges persisted across the globe in 2017, leaving Morocco at the intersection of competing interests. Through it all, the kingdom maintained mostly solid relationships with its international counterparts, even as other alliances shifted. Morocco’s multi-faceted identity is reflected in its active membership in a range of...

As Morocco’s logistical and economic hub, Casablanca has traditionally been the bedrock of business tourism in the country. Now, owing to increased air connectivity and the expansion of conference and entertainment venues, the city is drawing growing interest from operators promoting it as an emerging destination for both leisure and meetings...

A major new financial city and investment regime, Casablanca Finance City (CFC) is in the process of being developed in Morocco’s economic capital, with the aim of transforming it into a major regional investment and finance centre.

Already by far Morocco’s largest city and its economic capital, Casablanca is currently going through a major period of redevelopment. The planned large-scale works include substantial improvements to infrastructure, the construction and renovation of new and existing leisure and cultural facilities, and the expansion of the public transport...

Although Morocco is set to see weaker GDP growth in 2016, due in large part to a poor agricultural harvest following low rainfall, a series of financial reforms and initiatives, and strong foreign investment, have positioned the country well for future gains. The kingdom has had success in its recent efforts to build up export-oriented...