Morocco’s trade balance improved substantially in 2014 and is set to perform better still in 2015 thanks to factors such as lower oil prices and improving conditions in major export markets, though it is set to maintain a large trade deficit for the foreseeable future. Levels of inward foreign direct investment (FDI) have grown substantially...
In recent years Morocco has seen steady GDP growth and consistently low inflation – in contrast to its neighbours to the north. The country’s economic performance has both diversified and strengthened on the back of growth in the secondary and tertiary sectors, and has been aided by government efforts to channel capital into other productive...
What kind of impact have recent cuts in energy and food subsidies had on the country’s economy?
Moroccans benefit from a comparatively extensive social safety net, including a fairly large and generous pension scheme that begins at age 60 for government workers. However, a slowdown in hiring, combined with a demographic bulge that is on the verge of retirement, has combined to stretch the finances of the pension system – a challenge that...
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.
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