Morocco’s Economy Shows Resilience Amid Global Economic Fluctuations


Rabat: The Head of Government, Aziz Akhannouch, highlighted on Thursday in Rabat the positive trend shown by Morocco’s national economy, despite an international environment marked by accelerated economic fluctuations due to persistent uncertainties in global markets and successive geopolitical crises.



According to Agence Marocaine De Presse, Akhannouch emphasized that the Moroccan experience is notable for transforming challenges into opportunities for reform, thanks to the Kingdom’s strategic vision guided by High Royal Guidelines and deliberate government choices. These efforts have positioned economic takeoff as a crucial element in reinforcing the foundations of the Social State.



This progress is substantiated by favorable evaluations from international rating agencies, with Moody’s recently revising Morocco’s sovereign rating outlook from “stable” to “positive.” The revision reflects improved growth prospects, enhanced investment dynamics, and ongoing structural reforms aimed at diversifying the national economy and improving fiscal performance.



Economic indicators at the end of 2025 confirm these achievements, with inflation controlled at 0.8%, the budget deficit reduced to 3.5%, Treasury debt lowered to 67.2%, and foreign direct investment reaching 56 billion dirhams, marking a historic milestone for the country. These factors contributed to an economic growth rate of 4.8% in 2025, showcasing the national economy’s resilience in the face of crises.



Looking ahead to 2026, Akhannouch noted that forecasts predict continued economic recovery, driven by improved performances in non-agricultural sectors and exceptional growth in the agricultural sector, expected to achieve a record rate of around 15%. Despite challenges such as floods in the Northern and Gharb regions, favorable rains are anticipated to boost productivity across various production chains, enhancing the agricultural sector’s contribution to economic growth and food security.



These positive indicators bolster investor confidence in the national economy, providing additional motivation for the government to continue consolidating these gains and accelerating economic and social reforms. The aim is to strengthen Morocco’s capacity to navigate external fluctuations and crises that may impact its economy.