Keywords: Morocco economy


Morocco economy grows 4.9 percent on agriculture rebound and investment surge

Morocco’s economy expanded by 4.9 percent in 2025, accelerating from 4.4 percent the previous year, according to national accounts. The performance marks the country’s strongest annual growth since the post-pandemic recovery phase. The expansion was driven by a rebound in agriculture and......

Morocco industry and construction sectors signal moderate second quarter growth

Morocco’s High Commission for Planning (HCP) reported mixed performance across the country’s secondary sector during the first quarter of 2026, while forecasting moderate growth for the second quarter. The assessment covers manufacturing, extractive industries, energy, environmental services,......

Morocco growth set to reach 5% as agriculture rebounds

Morocco’s economy is expected to expand by 5% in 2026 after an estimated growth rate of 4.6% in 2025, supported by a recovery in agricultural production and continued investment in major infrastructure projects. The latest economic outlook projects that growth will moderate to 3.9% in 2027 but......

Morocco faces defining test as AI reshapes employment landscape

Artificial intelligence is steadily becoming part of economic activity across the Arab world, reshaping workplaces, skills requirements and labor market dynamics. Morocco is emerging as a country in transition, seeking to integrate AI into key sectors while addressing longstanding structural challenges......

Aziz Akhannouch opens national forum on investment and Moroccans abroad in Tangier

Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......

Morocco VAT fraud estimated at 12.9 billion dirhams annually

Morocco faces a large and persistent loss of public revenue linked to value added tax fraud, estimated at around 12.9 billion dirhams per year. The figure reflects a system in which fraudulent refund claims continue to exploit structural weaknesses in tax administration and corporate reporting. Public......

Morocco prepares $2 billion budget increase to contain price pressures

Morocco is preparing an additional MAD 20 billion, or roughly $2 billion, for its 2026 budget as authorities seek to shield the domestic economy from the effects of ongoing instability in the Middle East. The planned spending package aims to maintain stable energy and transport prices while supporting......

Morocco’s budget deficit widens as spending outpaces revenue growth

Morocco recorded a budget deficit of MAD 15.5 billion by the end of April 2026, widening from MAD 11.8 billion during the same period a year earlier as public spending continued to accelerate despite stronger tax collection. The latest public finance data showed that rising operating and investment expenditures......

Morocco forecasts growth above 5.3% despite global energy pressures

Fouzi Lekjaa said Morocco’s economy continues to demonstrate resilience despite mounting international instability and rising energy prices, as the government projects economic growth above 5.3% in 2026. Speaking before the House of Councillors in Casablanca, the minister said the first four months......