The IMF’s latest “World Economic Outlook” highlights Morocco’s resilience in the face of recent economic challenges, including a severe drought, global slowdown, and the impact of Russia’s invasion of Ukraine. Despite these factors, Morocco’s economy has shown signs of recovery, with growth in key sectors such as agriculture, tourism, and net exports.
The IMF forecasts a gradual decline in inflation rates, with inflation expected to reach 1.7 percent in 2024 and 2.3 percent in 2025. The country’s unemployment rate is also projected to decrease from 13.4 percent in 2024 to 12.6 percent in 2025.
The IMF’s outlook reflects Morocco’s ongoing economic reforms and its commitment to private sector-led growth. The creation of the Mohammed VI Investment Fund and the adoption of a new investment charter are expected to further boost economic development.
RT/Sf/ac/fss/abj/APA