Home / Finance & Economy / Morocco: 2.5% growth in the first quarter of 2019

Morocco: 2.5% growth in the first quarter of 2019

Morocco’s economic growth is expected to slow to 2.5% in Q1 2019, from 3.3% a year earlier. According to forecasts by the Office of the High Commissioner fallen on Wednesday morning, value added outside agriculture would increase by 2.9%, against 3.4% in the first quarter of 2018.

In contrast, agricultural value added would decline by 0.7%. “In this context, and pending the traditional publication of the forecast economic budget for January 2019, annual growth should remain around 3% in 2018, which is in line with forecasts announced in the context of the projected economic budget of January 2018”, notes the HCP.

Check Also

Chestertons settles in Morocco

The international real estate agency, Chestertons Global Franchise Holdings Limited, announced the opening of its …

Leave a Reply