The European Bank for Reconstruction and Development (EBRD) projects an acceleration in the average growth of the gross domestic product (GDP) to 3.4% in 2024 for its southern and eastern Mediterranean (SEMED) region, the bank's latest Regional Economic Prospects report, released today, reveals.
The report highlights Morocco's economy as particularly resilient, forecasting a 3% growth rate in 2024 and anticipating a further rise to 3.6% in 2025.
Despite increased spending on post-earthquake relief and reconstruction, Morocco continues to push forward with fiscal consolidation efforts to curb government debt, the report notes.
A heatwave in Morocco has claimed at least 21 lives within 24 hours in the central city of Beni Mellal,
Morocco's Economy and Finance Minister, Nadia Fettah Alaoui, announced on Thursday that the country's economy is
In a meeting between Abdeltif Loudyi, Morocco’s Minister Delegate in charge of the National Defense Administration and General Kassoum
There was confusion Thursday after the Algerian Foreign Ministry reportedly posted an online statement criticizing France for endorsing Morocco’s
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