Morocco

Moroccan interest rates are likely to remain steady for the rest of the year. Inflation is falling, but economic growth remains robust in light of global conditions.

Recently released Q4 GDP data for Tunisia and Morocco confirms our cautiously positive outlook for these two North African economies in 2009. We are forecasting real GDP growth of... 2009-04-07

A recent report from the US State Department claimed that Morocco is still one of the world's largest producers of cannabis, although it highlighted the decline in hashish production... 2009-03-30

In January, Morocco's trade deficit contracted sharply due to the slump in imports, which more than offset declining export revenues. In 2009 as a whole, we see the trade deficit... 2009-03-30

While generally viewed as being more socially moderate than many of its Arab counterparts, Morocco's restrictions on press, religious and personal freedoms are unlikely to be relaxed... 2009-03-24

We see inflation continuing to ease across North Africa during 2009. Food and oil prices pose the biggest risks to our outlook, while in Libya, political developments still have the... 2009-03-23

We are forecasting an inflation rate of 2.5% y-o-y by the end of 2009, down from 4.0% in January, with declining food and transport costs to be the main drivers.

The Moroccan government has issued a pre-emptive ban on the French women's rights group Ni Putes Ni Soumises from operating in the Kingdom. The group campaigns for the rights of Muslim... 2009-02-27

We are forecasting a deeper fiscal deficit in 2009, equal to 5.2% of GDP. This is due to a combination of falling tax and customs revenues (due partly to a cut in customs duties)... 2009-02-27

The Moroccan public sector investment plan outlined this week confirms our view that the government would step in with some form of stimulus package to shore up economic growth and... 2009-02-20