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Source:
فبراير.كوم
Morocco forecasts 4.2% growth in 2028 2029
It is expected that the Moroccan economy will experience sustainable growth of around 4.2% during the period 2028-2029, driven by an increase in the value of non-agricultural activities, which will record an average annual growth of 4.2%. This growth results from improvements in the secondary sector and services, with cereal production remaining stable at approximately 70 million quintals annually, alongside the development of agricultural value chains. Morocco aims to reduce the budget deficit to 3% of GDP and lower public debt to 63% by 2029, through controlling public spending and enhancing the efficiency of governmental investments. Overall, these forecasts remain optimistic despite the challenges posed by local and international economic and geopolitical factors.
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