Morocco: GDP growth expected at 4.5 per cent in first quarter
The Moroccan economy is expected to grow by 4.5 per cent in the first quater of 2013, due to increased agricultural activity
Economic growth [in Morocco] is expected to reach 4.5pc in the first quarter of 2013, under the condition of a good farming season and the continuation of non-agricultural activities' dynamism, says the High commission for planning (HCP).
The 4.5pc growth rate, in progression of 2.8 pc in comparison with the last quarter of 2012, is ascribed to a good performance of agricultural activities which had regressed by 8.1pc last year.
- Will terror attacks damper Arabs' appetite for European holidays?
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge
- Three factors that will drive 2014 IPO activity in the Middle East
- Morocco expects economic growth of 4%-5% next year
- Despite protests, Bahrain's economy 'to grow 4.5 per cent this year'
- S&P expects Oman's GDP growth to reach 5%
- Emaar records 37% growth in net operating profit to AED 2.489 billion (US$ 678 million) in first 9 months of 2014