(MENAFN) Last year, the Moroccan economic growth rate stood at 3 percent, a plunge compared to the 4.2 percent growth rate registered in 2017.
Such a decline was attributed by the Moroccan central bank to a slow rebound in non-agricultural sectors.
Meanwhile, unemployment rate in Morocco reached 9.8 percent, a decrease but a high rate among the youth.
Governor of the central bank Abdellatif Jouahri confirmed that economy in Morocco is not sufficient to satisfy increasing social anticipations.
MENAFN3007201900450000ID1098822549
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.