Moroccan Central Bank keeps rates steady
The Moroccan Central Bank has decided to keep the interest rate unchanged at 2.25%, expecting inflation to remain around 1.5% in 2026 and rise to 2.1% in 2027, justifying this stance by a view of price stability. It is anticipated that the economy will grow by 5.2% in 2026 due to an improvement in the agricultural sector following years of drought, then slow to 3.1% in 2027. Additionally, the current account deficit is projected to widen to 4% of GDP in 2026, with energy import bills increasing by 26% to reach 135 billion dirhams.
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