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Keywords: Growth


Morocco’s tax revenues surge to MAD 220 billion in 2024, driven by digital reforms

Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......

Morocco strengthens its position as Spain’s top pepper supplier with record exports

Morocco has firmly established itself as Spain’s leading supplier of peppers, achieving a record-breaking export volume of 101.11 million kilos in 2024. This figure represents over 92% of Spain’s total pepper imports, marking an impressive 199.9% increase since 2015, when Moroccan exports......

Morocco’s industrial exports hit $43.8 billion milestone in 2024

Morocco’s industrial sector has achieved remarkable growth, with exports surpassing MAD 398 billion ($43.8 billion) in 2024, accounting for 88% of the country’s total exports. Minister of Industry Ryad Mezzour highlighted this achievement during a discussion session on “Macroeconomic......

Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......

Royal Air Maroc nears major Boeing deal with Airbus entry after 25 years

Royal Air Maroc (RAM) is preparing to modernize and expand its fleet through a substantial deal with Boeing and a smaller order with Airbus, marking a transformative step for Morocco's national carrier. Boeing leads negotiations; Airbus returns after decades According to industry sources cited......

Ageing population: What you should know about Morocco’s demographic shift

Morocco, like many nations worldwide, is experiencing a significant demographic transition characterized by an ageing population, declining birth rates, and notable social and economic implications. The latest census data reveals that the country’s population has surpassed 37 million, with the......

Morocco's economy grows by 3.8% in 2024 despite sector imbalances

Morocco's economy expanded 3.8% in 2024, as reported by the country's statistics office, the High Commission of Planning (HCP). This growth marks a slight improvement from the 3.7% recorded in 2023 and reflects a slow yet fragile recovery driven primarily by strong domestic demand amidst persistent......

Kasada seeks 2026 hotel deal in Morocco

Kasada, a hospitality investment platform, is setting its sights on a hotel deal in Morocco, as reported by Bloomberg. The company anticipates entering North Africa’s tourism industry in the first half of 2026. The report indicates that Kasada has begun taking proactive steps, including the opening......

Morocco's sustainable development strategy: a roadmap for a greener future by 2035

Morocco has announced an updated national strategy for sustainable development, aimed at creating a fair and inclusive green transformation by the year 2035. Minister of Energy Transition and Sustainable Development Leila Benali presented the revised strategy to the House of Representatives’ Committee......

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