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Moroccan Magic Returns: EPCOT's Hidden Gem Awakens for Food and Wine Festival

The enchanting aromas of Moroccan cuisine once again waft through EPCOT's World Showcase as a beloved dining destination makes an unexpected comeback. Restaurant Marrakesh, long dormant since the 2020 pandemic, has temporarily reopened its ornate doors to welcome visitors during the park's popular......

Economic Imbalance: Morocco's Wealth Concentrated in Key Regions

Morocco's economic landscape in 2022 revealed stark regional disparities, with nearly 60% of the nation's wealth concentrated in just three regions, according to data released by the High Commission for Planning (HCP). This concentration highlights the challenges of balanced economic development......

Morocco's Fiscal Outlook: Fitch Ratings Predicts Deficit Reduction by 2026

Projected Spending Cuts and Fiscal Strategies Signal Optimism Amid Challenges Morocco is on a path to reduce its fiscal deficit over the next few years, according to a new report from Fitch Ratings. The credit rating agency forecasts that the North African nation’s fiscal deficit will decrease......

Morocco’s Economic Outlook: Rebound on the Horizon for 2025

Morocco's economy is set for a significant rebound in 2025, according to two recent reports from the Moroccan High Commission for Planning (HCP) and the World Bank. These projections anticipate considerable growth driven by a recovery in the agricultural sector and sustained strength in non-agricultural......

Economic Growth Moderates in First Quarter of 2024, but Remains Resilient

In its comprehensive assessment of the nation's economic performance during the first quarter of 2024, the High Commission for Planning (HCP) revealed a moderation in the growth rate of the national economy, which stood at 2.5% compared to 3.9% during the same period the previous year. Despite this......

The Strength of Savings: Morocco's Economic Resilience in 2023

Morocco's national savings rate reached 28.2% of gross domestic product in 2023, up from 26.7% the previous year, according to data from the High Commission for Planning. This increase came despite higher domestic consumption, which grew 7.6% by value last year compared to 7.7% previously.  National......

Morocco's GDP Displays Robust Growth in the Third Quarter of 2023

In the third quarter of 2023, Morocco's national economic growth experienced a significant upswing, reaching 2.8% compared to the 1.7% recorded during the same period in 2022, as reported by the High Commission for Planning (HCP). This positive development is attributed to a 2.7% increase in non-agricultural......