Sunday, October 20

Morocco’s Economic Performance, Among Highest In Region- IMF Official

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Washington – Morocco’s economic performance remains among the most robust in the MENA region, Deputy managing Director of the International Monetary Fund (IMF) Nema Shafik said.

In an interview with MAP, the IMF official said that the 2013 agricultural, industrial and tourism actrivities’ forecasts are positive.

Shafik, who will pay an official visit to Morocco as of Monday, noted that domestic consumption will continue to be the main driving force for economic growth, adding that the economic recovery in the Euro zone in 2013 will have a beneficial impact on Morocco and the region.

The IMF forecasts Morocco’s economy to grow by 4.3% in 2013, a higher rate compared to other countries in the region.

During her visit to Morocco, Shafik will meet Moroccan officials and will take part in the regional conference on the establishment of the Arabstat institution which will be tasked with improving cooperation between Arab countries in statistic systems.

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