4 Days_1777011671128_85597701.png&w=48&q=75)
Source:
فبراير.كوم
HCP forecasts growing trade deficit
Economic forecasts for 2026 indicate that Morocco's trade balance deficit will increase to 21.9% of Gross Domestic Product (GDP), up from 20.5% in 2025, before slightly decreasing to 21.1% in 2027. Exports are expected to decline due to weaker external demand, growing by 4% in 2026 and 5.7% in 2027. Meanwhile, imports are projected to rise by 8.5% in 2026 and 7.3% in 2027. Revenue from tourism and transportation will remain strong, helping to reduce the current account deficit to 3.9% of GDP in 2026, and further to 3.6% in 2027. Despite declining purchasing power in Europe, remittances from Moroccans living abroad are expected to continue rising. The "2027 Forward-Looking Economic Budget" report serves as a reference for policymakers to set economic objectives aimed at maintaining fiscal stability and analyzing potential developments over the next two years.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)