Moroccan economy to grow 4.1% in 2024
The article discusses the forecasts of the Moroccan Ministry of Economy and Finance, which expects the national economy to grow by 4.1% in 2027. This growth is supported by a rebound in non-agricultural activities, which are projected to increase their value added by 4.3%. The secondary sector is also anticipated to continue growing by 4.9%, while the tertiary sector is expected to expand by 4.1%. On the other hand, household final consumption will remain high with a growth of 4.3%, and total fixed capital formation is expected to rise by 4.6%. Regarding external trade, exports are forecasted to increase by 7.3%, imports by 7%, and gross domestic product (GDP) at current prices by 6%. Overall, these projections reflect sustainable growth and a generally balanced inflation rate.
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