Economy

A tour of West and Central Africa by Morocco’s head of state in May 2015 has underlined the country’s increasing efforts to strengthen trade and investment ties with its neighbours south of the Sahara.

In the wake of the international financial crisis and the Arab Spring, Morocco has started running ever-widening fiscal and current account deficits. However, moves to slash energy subsidies, as well as the fall in international oil price, have helped to dramatically reduce both, boosting liquidity and exchange reserves. This has allowed the...

What is Morocco’s position today? In which category can we classify the national economy? Can we consider it a competitive country or rank it among other emerging countries? Everyone knows there is no specific model for emerging countries.

North Africa has undergone some turbulent times over the past four years, but among all of the regime changes and revolutions, Morocco has maintained an impressive level of stability. The kingdom has deliberately cultivated a reputation as one of the most moderate and tolerant countries in the region, aided in part by reforms enacted under...