|
Stability and Strong Foreign Exchange Reserves
Macroeconomic stability, coupled with low inflation and relatively slow economic growth, has characterized the Moroccan economy over the past several years. The government continues to pursue reform, liberalization, and modernization aimed at stimulating growth and creating jobs.
Through a foreign exchange rate anchor and well-managed monetary policy, Morocco has held inflation rates to industrial country levels over the past decade; inflation between 1999 and 2004 remained at 1.5% and fell to 1% in 2005. Despite criticism among exporters that the dirham has become badly
|
|
|
|
Morocco Trade
 |
 |
Using the Elements |
| |
With wind, sun and space to spare, Morocco is better endowed than most countries in terms of renewable energy potential. The impetus to go green has also never been stronger, as the energy-importing nation has seen its domestic demand... |
 |
details
|
|
 |
|
Fishing Expansion |
| |
Morocco's wide-reaching agricultural reform drive has been extended to the fishing industry. At the end of September, the Ministry of Agriculture, Rural Development and Maritime Fishing unveiled Plan Halieutis, a series of development projects and targets for the fishing... |
|
details
|
|
 |
|
Preparing for Global Stability |
| |
Morocco's industrial ambitions received a boost in January 2009 when King Mohammed VI launched the construction of Tanger-Med industrial park. Already the site of a significant port project, the new venture will boost output and take advantage of the... |
|
details
|
|
 |
|
Finding Energy |
| |
In a year of volatile energy prices, Morocco, with only modest reserves of its own, has been hit hard.
The kingdom imports 96% of its energy requirements, while the national oil bill rose sharply in 2008 - coming in... |
|
details
|
|
 |
|
Multilateral Agreements |
| |
Morocco's free trade agreement (FTA) with the US has taken trade to record levels, while a similar pact with the EU continues to support Morocco's export industries. Further multilateral economic integration between dynamic south and east Mediterranean countries and... |
|
details
|
|
 |
|
Saudis Help Out |
| |
Soaring oil prices have left Morocco in a tight spot. With no resources of its own, the North African state is forced to import all of its oil needs. The result is a first quarter energy bill that is... |
|
details
|
|
 |
|
Shipping Link |
| |
The launch of the first direct transport ship line between Morocco and Tunisia is an important step in the growing economic ties between the two countries. However, intra-Maghreb trade remains small, and the tension in Rabat's relationship with Algeria... |
|
details
|
|
|
|
|
|
|
|
