Macroeconomic Forecast Morocco

June 2007 | Macroeconomic Forecasts

We have revised down our Morocco growth forecast to below 2% as a result of agricultural sector reports that suggest a contraction is likely. The country's cereals harvest appears to be at its lowest level since 2000, and with just under half of the population employed in the agricultural sector, this is likely to reverberate throughout the economy in dampening consumer demand. Still, we remain positive on Morocco's outlook given ongoing reform efforts and investor interest in the country.

If you would like to subscribe to North Africa Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to North Africa Monitor please click on the trial link below.