Morocco
Economy
A recent flurry of loans awarded to Morocco support two of our key views for the economy going forward: first, that the government will be a key driver of investment spending in 2009...
2009-06-02Economy
Official figures and anecdotal evidence both suggest that Moroccans who have been working abroad are being forced home by the global economic crisis. According to data from the Moroccan...
2009-05-29Economy
Moroccan inflation dropped to 2.6% y-o-y in April, down from 3.6% y-o-y in March. With prices dropping faster than expected, our year-end target of 2.5% y-o-y may be overly cautious,...
2009-05-29Economy
The United Nations Security Council has given its unanimous support to informal talks on the future of Western Sahara, ahead of a resumption in formal peace negotiations between the...
2009-05-01Economy
Moroccan inflation came in at 3.6% y-o-y in March. We are forecasting CPI to tick down over the remainder of the year, reaching 2.5% by December. However, it appears that inflation...
2009-05-01Economy
Loan guarantees from local lenders will provide some support to the Moroccan real estate market, although demand for luxury properties and tourism developments will remain weak. At...
2009-04-27Economy
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.
2009-04-22Economy
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...
2009-04-07Economy
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...
2009-03-30Economy
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




