Saturday, 04 December 2021 01:37 GMT

Morocco expects 3.9 percent budget deficit


(MENAFN) The Higher Planning Commission in Morocco anticipates that the public budget deficit to record 3.9% of gross domestic product (GDP) in 2018, and 3.6% in 2019.

Commission head Ahmed Lahlimi added that inflation is expected to hit 1.7% this year in 2018, and 1.3% in 2019.

The Moroccan economy is expected to grow by 3.2% in the third quarter of 2018, compared with 3.9 in Q3-17, and 2.9% in 2019.

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