Morocco's Economy to Grow 4.6% in 2021 (HCP)

MAP - Publié le Jeudi 14 Janvier 2021 à 14:15

Casablanca - Morocco's economy is expected to grow by 4.6% in 2021, after a 7% recession over the past year, according to the projections of the High Planning Commission (HCP). "Taking into account an expected rise of 4.7% in taxes and levies on products net of subsidies, the gross domestic product (GDP) should register a growth of nearly 4.6% in 2021", the HCP points out in its 2021 Provisional Economic Budget. In value, the GDP should grow by 5.8%, the source says, noting that this evolution shows a slight increase in inflation of 1.1% against - 0.1% in 2020.

"The national economic outlook for the year 2021 is based on a relaunch in external demand towards Morocco because of the hopes that rose from the launch of vaccination campaigns, which should promote the opening of borders and lead to a resumption of household confidence and investors," the HCP notes. These economic forecasts also take into account the provisions announced in the 2021 finance law and assume the achievement of an average cereal production of 75 million quintals during the 2020/2021 campaign, the source stresses.

Source :

Nouveau commentaire :

Nous apprécions votre opinion et vous encourageons à commenter nos publications. Pour garantir un environnement sûr, nous ne publierons pas de commentaires impliquant des attaques ad hominem, des propos racistes, sexistes ou autrement discriminatoires, ou tout ce qui est écrit uniquement dans le but de calomnier une personne ou un sujet.
Tous les commentaires sont modérés. ne publie pas de commentaires avec des liens.
Les internautes peuvent signaler des messages qu’ils estiment non conformes à ces Charte de modération en cliquant sur le bouton « Alerter ».
Merci de votre lecture !

Le Fil | Tribune