As the Kingdom prepares to phase out domestic wheat production, the authorities are planning to double the size of strategic reserves by 2016 in order to ensure the country’s food security. To achieve this, the government is currently investing in a major expansion of domestic grain storage capacity. The authorities have also decided to...
Saudi Arabia is one of the largest producers and exporters of agricultural goods in the region. Although agriculture accounts for a relatively small proportion of GDP and overall land use, and although the Kingdom has a negative trade balance when it comes to agricultural goods, it is nonetheless self-sufficient or close to self-sufficient in...
Although Morocco’s economy is comparatively welldiversified, the agriculture sector still plays a significant role in terms of rural development. The sector accounted for 13.2% of GDP in 2011, rising to 15% in 2013, and provided roughly 40% of total employment, with millions more indirectly reliant on it. As a result, the government’s agricultural strategy, the Green Morocco...
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...
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