MAP - Wednesday, April 10th 2019

IMF Maintains Growth Forecasts for Morocco at 3.2% in 2019

Washington - The Moroccan economy is expected to grow by 3.2% in 2019 versus 3.1% in 2018, according to the International Monetary Fund (IMF). In its report on the Wold Economic Outlook, released on Tuesday in Washington, the IMF forecasts a growth of 3.8% in 2020. 

Regarding the unemployment rate, the institution expects a decrease to 9.2% in 2019 and 8.9% in 2020 respectively. Globally, the IMF expects an economic growth of 3.3% in 2019, compared to 3.6% in 2018, down 0.4 points from the Fund's October 2018 forecasts.