As a direct result of the global slowdown, regional unrest and weaker demand in the EU, Morocco’s budget deficit widened to 7.7% in 2012, its highest level since 1990. This can largely be seen as a result of falling foreign direct investment and exports, as well as increased social spending over the past few years. In grappling with this...
While Morocco is a major agricultural exporter to Europe, as evidenced by a glance at the produce aisle of any large supermarket, one popular type of fruit is rarely exported outside the country: dates. Historically, the country has consumed more dates than it has produced, but activity in the segment is expected to be revived under a new...
Although it boasts a comparatively diversified economy, Morocco’s primary sector still plays a significant role in terms of job creation, trade, rural development and overall headline GDP. At present, agriculture contributes around 15% of GDP. In 2013 the sector accounted for 39.4% of total jobs and 72.7% of rural jobs. Agricultural goods...
While the Green Morocco Plan (Plan Maroc Vert, PMV), launched in 2008, has brought about significant changes to Moroccan agriculture, the sector remains constrained by a number of obstacles, such as limited water resources, farm fragmentation, outdated infrastructure and inadequate distribution channels. One of the solutions outlined in the...
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