Morocco Economy Grows by 4.3%
Morocco Economy Grows by 4.3%

Morocco Economy Grows by 4.3%

Morocco Economy Grows by 4.3%

Morocco’s economy grew by 4.3% in the first quarter of this year compared with 1.7% in the same period a year earlier, the high commission for planning said on Thursday, Xinhua reported. The commission said in a note on the Moroccan economy that this growth was mainly due to the rise in agricultural output by 12.9% in the first quarter this year, up from 9% last year. Apart from the agriculture sector, which accounts for more than 15% of the country’s economy, the non-agricultural sector grew 3% in the first quarter from a year ago, the commission added. As for the second quarter of 2017, the official planning agency expects the economy to grow 4.6% in compared to 1.2% in the fourth quarter of 2016. The Moroccan economy has been hit hard by a drought in the fall of 2015, which compromised the 2016 agriculture production.


Short URL : https://goo.gl/1zWOAB
  1. https://goo.gl/q11FFC
  • https://goo.gl/ggzqmb
  • https://goo.gl/T7Lk6V
  • https://goo.gl/8UgRd9
  • https://goo.gl/UoM0c4

You can also read ...

Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
The warnings come amid a period of financial uncertainty for the world.
US officials who helped the country survive the 2008 financial...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...

Add new comment

Read our comment policy before posting your viewpoints