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Morocco’s Growth Rate to Reach 4.6% in 2015

Source : | 22 September 2015 |  Economy | 344 views

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Rabat – Growth rate is expected to reach 4.6pc in 2015, compared to 2.4pc in 2014, said Morocco’s central bank, Bank Al Maghrib, on Tuesday.

The rate will be made possible by agricultural activities at a time non-agricultural GDP will remain limited to 3.3pc, the Bank said after its quarterly meeting.

“In 2016, in the hypothesis of a normal farming season, growth will return to 2.4pc and its non-agricultural component will be at 3.3pc,” the bank said in a release.

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