Published by
TDPel Media
TDPel Media
On February 2, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Morocco on a lapse of time basis. Economic activity has recovered most of the ground lost during the severe global recession of 2020. This performance owes to continued fiscal and monetary stimulus, the rebound of exports, buoyant remittances, and the exceptional harvest following two years of drought. After shrinking by 6.3 percent in 2020, GDP is forecast to have grown by 6.3 percent in 2021, among the highest in the Middle East and North Africa region. Despite having …