World Bank Forecasts 5 Percent Growth in Morocco in 2013

Bloomberg

World Bank Forecasts 5 Percent Growth in Morocco in 2013
By Aida Alami

Morocco’s economic growth rate is forecast to be 5 percent for 2013, the World Bank said in an e- mailed statement today.

It said worker remittances, tourism and foreign direct investment will provide support for the North African nation’s economy.

Finance Minister Nizar Baraka said in a June 6 interview that the country’s economic growth may slow to slow to 3.4 percent this year from 5 percent in 2011.

For Related News and Information:

To contact the reporter on this story: Aida Alami via Cairo +2-aalami2

To contact the editor responsible for this story: Andrew J. Barden in Dubai atbarden

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Posted on June 14, 2012, in Business, Morocco News and tagged , , . Bookmark the permalink. Leave a comment.

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