The World Bank expects a 3 per cent growth rate in Morocco

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In its monthly bulletin for June 2018, the World Bank disclosed its report on global economic prospects.
According to the World Bank publication this month, the growth rate in Morocco will not exceed 3 per cent, during 2018, registered a decline as growth in Morocco in 2017 recorded 4 per cent.

According to World Bank projections, Morocco’s growth rate will continue to slow in the coming years by 3.5 per cent in 2019 and 3 per cent in 2020.

Globally, the World Bank predicts stability in growth. Its global growth rate will eventually remain strong at 3.1 percent in 2018, before declining gradually over the next two years as economic growth recedes. Developed countries, stability of recovery in the major emerging market countries of primary commodities, and developing countries.

The Bank expects economic activity in the developed countries to grow by 2.2 per cent in 2018 before falling to 2 per cent in the next year, with central banks gradually abolishing monetary stimulus programs. The growth rate in emerging market and developing countries in general is expected to rise to 4.5 per cent in 2018 and then to 4.7 per cent in 2019, with recovery in commodity-exporting countries peaking, and commodity prices stabilizing following its rise this year.

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