Keywords: Morocco economy


World Bank raises Morocco growth outlook as markets face renewed volatility

The outlook for Morocco’s economy remains relatively resilient despite growing volatility in global markets and heightened geopolitical uncertainty. Recent forecasts have pointed to continued expansion, supported by public investment, domestic demand and the gradual strengthening of non-agricultural......

Morocco GDP growth reaches 4% in Q2 2026 as agriculture surges

Morocco’s economy expanded by 4% in the second quarter of 2026, according to the latest economic assessment by the High Commission for Planning (HCP). The figures point to a stronger contribution from primary activities, particularly agriculture, while industrial and other secondary-sector activities......

Morocco’s Industrial Production Drops 4.5% as Automotive and Pharma Grow

Morocco’s manufacturing sector experienced a significant contraction in the second quarter of 2026, with overall output declining by 4.5% year on year, according to data released by the High Commission for Planning (HCP) on September 16. The figures, which exclude petroleum refining, point to......

Casablanca breaks into the world’s top 50 financial centres

Casablanca has strengthened its position on the global financial map after climbing seven places in the latest edition of the Global Financial Centres Index (GFCI), ranking 49th worldwide with a score of 700 points. The Moroccan city had previously ranked 56th with 703 points. Although its numerical......

The Yen Soars: What Risks for the Dirham and the Moroccan Economy?

A rapid surge in the Japanese currency could trigger a massive unwinding of positions financed in yen and reignite tensions in international markets. While Morocco remains relatively insulated from the mechanics of the "carry trade," it could nonetheless feel the repercussions of a global risk aversion......

Morocco's budget deficit narrows by 5.5 billion dirhams by July 2026

Morocco’s budget deficit improved during the first seven months of 2026, falling by 5.5 billion dirhams compared with the same period a year earlier, according to figures released by the General Treasury of the Kingdom (TGR). By the end of July, the deficit stood at 48 billion dirhams, down from......

Morocco’s Treasury places 1.5 billion dirhams in surplus cash on the market

Morocco’s Directorate of Treasury and External Finance (DTFE) has carried out two transactions to place a combined 1.5 billion dirhams ($150 million) in surplus Treasury cash on the financial market. The operations, launched on Friday, form part of the Treasury’s management of available......

His Majesty King Mohammed VI delivers Throne Day address to the Nation

On the occasion of the 27th anniversary of his accession to the Throne of his Glorious Ancestors, His Majesty King Mohammed VI delivered his annual Throne Day address to the Moroccan people. Below is the full text of the Royal Speech: "Praise be to God. May peace and blessings be upon the Prophet,......

Morocco services activity declines as wholesale trade remains steady

Morocco's non-financial market services sector recorded mixed performance during the first quarter of 2026, while wholesale trade maintained relative stability, according to business leaders surveyed on sector activity. Half of the executives questioned reported a decline in activity, while 24% indicated......