Rabat – Bank Al Maghrib (Morocco’s Central Bank) expected that the growth rate and that of non-agricultural GDP to reach between 4.5% and 5.5% in 2011.
At the national level, and despite the slowdown in global economic activity, the favorable orientation of domestic demand continued, the Central Bank said in a statement issued, on Tuesday, after its quarterly meeting.
Inflation is expected to be about 2% at the fourth quarter of 2012, it added.
Last modification 09/20/2011 04:28 PM.
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