This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press
The African Development Bank said that the growth of the Moroccan economy should accelerate 3.9% with the year 2025.
In its report for the year 2025 on the economic prospects in Africa, published on the sidelines of the annual meetings of the Bank, which will be held until May 30 in Abidjan, the bank explained that this development is due to high internal demand, in particular thanks to investments and the dynamism of non -agricultural activities, as well as expectations of a better agricultural season.
According to the same source, growth is expected to record 3.7% in 2026, due to the slowdown in export industries after increasing American customs tasks.
As for inflation, it should reach 2% in 2025 and 2.3% in 2026, while the budget deficit will continue to decrease to settle at 3.6% of the gross internal product in 2025 and 3.3% in 2026.
The report also pointed out that this improvement is due to the strengthening of tax revenues in the context of current reforms and the reduction of the butane gas tax.
On the other hand, the current account deficit should exacerbate 2.1% of the gross internal product in 2025 and 2.6% in 2026, due to the increase in imports drawn by investments in infrastructure.
The African Development Bank has indicated that economic prospects are subject to risks linked to successive droughts and the decline in external demand, considering that the active management of water resources and climatic shocks, as well as a more diverse and competitive trade policy, would reduce these risks.
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