Infrastructure Projects Driving Steady Growth

We forecast economic growth in Morocco to slow to 3.6% y-o-y in 2010 from 4.6% in 2009, before recuperating to average 4.0% y-o-y over the 2011-2014 period. Growth in gross fixed capital formation, alongside private and government spending will be the key drivers of the economy, while exports will remain subdued with persisting weak demand from the eurozone.

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