Expectations of growth in Morocco's GDP by 4.5% by 2017


(MENAFN) A government source said that the Moroccan government expects a growth in the local Gross Domestic Product (GDP) by 4.5% in 2017, up from less than 2% in 2016, after the worst drought in decades.

Morocco's drought slashed its cereal harvest to 3.35 million tons, down by 70% from 2015's record 11 million tones.

Additionally, the source said the government had forecasted 4.5% growth in 2017 national budget.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.