Ag growth in Morocco to encourage economic expansion
Sustained efforts to improve the business environment and political stability will continue to boost investor sentiment, which bodes well for the North African kingdom’s ambitions to become a manufacturing and exporting hub between Europe and Africa, say the authors of the document.
“We forecast real GDP growth to accelerate from 0.9 pc in 2016 to 4.3 pc in 2017 in Morocco, as the agricultural sector emerges from its 2016 slump caused by a severe drought”, underline the experts.
In addition, “we remain optimistic of the North African Kingdom’s ability to become a manufacturing and exporting hub between Europe and Africa, as reforms to the business environment and policy continuity yield positive results on investor sentiment”, say the analysts.
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