- The Moroccan economy proved resilient in 2013 with a growth rate of 4.7%, buttressed mainly by domestic consumption and public investment, but also by a good agricultural year.
- The reforms that have been underway for several years in favour of the private sector were strengthened in 2013 by a fiscal reform and the continuation of the reform of the compensation fund, which represents a key step in reducing public spending.
- Morocco has invested in consistent sectoral strategies to accompany the reforms undertaken since the early 2000s, which helped accelerate the economy’s structural transformation and promote new products. New industries, such as aeronautics and automobiles, are now drivers of growth and areas of innovation for the Moroccan economy. These areas can help Morocco overcome the difficulties encountered by certain traditional sectors such as textiles.
|P-MA-IBD-010|| Appui à la Couverture Medicale III ||OngoingOnGo|
|P-MA-IAD-001|| Mise en place de l’Université Numérique au sein de l’Université Internationale de Rabat ||ApprovedAPVD|
Department North Africa Region
Director North Africa Region, Mr. Jacob Kolster
African Development Bank Group
Avenue du Dollar, Les Berges Du Lac II, Tunis 1053, Tunisia
Tel: (+216) 71102953
Fax: (+216) 71194523
|Area:||712,550 sq km|
|Total Population 2013:||33.0 Million|
|Urban Population 2013:||57.76%|
|Female Population 2013:||50.64%|
|GDP:||US$ 107.6 Billion|
|GNI Per Capita 2013:||US$ 2,960|
|Crude Birth Rate (per 1000):||22.71%|
|Human Development Index (rank / 187):||130|
|Human Development Index (scale 0 to 1):||0.591|
|Cumulative Approvals (1967-2013):||UA 7.0 Billion|