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Morocco's Economy Set for Robust Growth Through 2026, UN Report Shows

The United Nations has forecast positive economic momentum for Morocco, projecting steady growth in the coming years according to its latest economic assessment released Thursday. In its comprehensive "World Economic Situation and Prospects 2025" report, the UN anticipates Morocco's Gross......

Morocco Completes Vital 1,055-km Tiznit-Dakhla Expressway, Boosting Regional Connectivity

Morocco has marked a significant milestone in its infrastructure development with the completion of the final segment of the Tiznit-Dakhla expressway. The newly opened 114-kilometer stretch, connecting Maader near Tiznit to Guelmim via Sidi Ifni, represents the culmination of a decade-long project that......

Morocco's Economic Outlook: UN Projects 3.2% Growth for 2025

Morocco is positioned for steady economic expansion in the coming years, with GDP growth projected at 3.2% in 2025 and 3.4% in 2026, according to a new United Nations report released by the Department of Economic and Social Affairs in New York. This growth forecast comes amid broader global economic......

Morocco Tourism Hits 17.4M Visitors in 2024, Exceeds Growth Target

Morocco's tourism sector has achieved a remarkable milestone, reaching 17.4 million visitors by the end of 2024, surpassing its 2026 target two years ahead of schedule. This represents a 20% increase from 2023, adding nearly three million additional tourists. The growth stems from a balanced mix......

Morocco Posts 4.3% Economic Growth as Industrial Sector Drives Q3 Performance

Morocco's economy demonstrated resilient growth in the third quarter of 2024, expanding by 4.3% compared to 3% in the same period last year, according to data released by the High Commission for Planning (HCP). The growth trajectory was primarily fueled by robust performance in the secondary sector,......

Morocco’s 2030 World Cup: Strategic Financial Planning Essential for Success

Abdellatif Jouahri, Governor of Bank Al-Maghrib, has called for meticulous financial planning ahead of Morocco’s co-hosting of the 2030 FIFA World Cup. Speaking during the bank’s quarterly board meeting, Jouahri emphasized the importance of fostering sustainable economic growth and warned......

A Cautious Approach Federal Reserve's Slow Path to Rate Cuts

The Federal Reserve is poised to announce a quarter-point reduction in its benchmark interest rate, lowering it from approximately 4.6% to around 4.3%. While this marks a continuation of recent cuts, the pace of rate reductions is expected to slow in 2025, signaling a shift in the central bank's......

AMMC 2023 Report: Pioneering Growth and Innovation in Morocco’s Capital Market

With a 36% surge in financial operations and the introduction of an ambitious 2024–2028 strategy, the Moroccan Capital Market Authority (AMMC) is charting a course toward a robust financial future. The Moroccan Capital Market Authority (AMMC) has unveiled its 2023 annual report, showcasing a transformative......

Morocco Approves $13.4 Billion in Investment Projects, Targeting Job Creation and Economic Growth

The Moroccan government, led by Head of Government Aziz Akhannouch, has approved 56 investment projects valued at 134 billion Moroccan dirhams ($13.4 billion), signaling a robust commitment to economic development and employment generation. Strategic Investment Breakdown During the sixth session of......