World Bank Raises Morocco's 2019 Growth Forecast to 2.9% on Tourism Boost
The World Bank has just revised its economic growth forecasts upwards for Morocco for the year 2019.
By Said A.
The international financial institution now expects growth of 2.9%, 0.2 points better than what was announced last June. This increase is due to "the improvement in tourism activity" and "the reform of companies."
Next year, 3.5% is expected, the same figure is also expected in 2021, estimates the World Bank.
For its part, Bank Al-Maghrib forecasts economic growth of 3.1% in 2019 and 3.6% in 2020.
