The Moroccan executive branch consists of the monarch, who is the head of state, and a government – the head of which is appointed by the king but must be led by the party that gained the most votes in the most recent legislative elections. The government has to command a majority in the lower house of Parliament and currently consists of a...
Economic progress and the country’s natural position as an investment bridge between Europe and Africa have allowed Morocco to establish one of the continent’s largest and most sophisticated capital markets. Despite its advantages, however, the Casablanca Stock Exchange (CSE) has been affected by low levels of liquidity, a scarcity of new...
Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volume grew by 4.7% in 2017 and is expected to have moderated slightly to 4.4% in 2018 and dip to 4% in 2019. Although this means growth will fall below the 4.8% average seen since...
A number of key developments in Morocco are expected to support economic growth in coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large...
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