Morocco
- The Moroccan economy displayed a degree of resilience in a particularly difficult economic context, growing by 3.2% in 2012, driven by internal consumption and public investment. However this growth cut into foreign exchange reserves and deepened the fiscal deficit.
- Funding the economy remains a major challenge if the country is to maintain its momentum, and continuing reform is essential to check the rise in public spending, particularly of the compensation fund (Caisse de compensation), that pays subsidies for oil and basic goods.
- Morocco has a coherent strategy in place since the early 2000s to achieve its medium-term vision and has made a good start on structural change, with Morocco’s phosphate industry – the world’s biggest producer and exporter – playing a key role both from a financial point of view and as a source of growth for other sectors of the economy, though the textile industry is among those needing to reposition quickly in the face of international competition.
- 12/06/2013 - AfDB, Club de Madrid and P80 Group Foundation to mobilize pension and sovereign wealth funds to finance the green economy in Africa
- 10/06/2013 - Africa Hub of Sustainable Energy for All Initiative Launched at AfDB Meetings
- 10/06/2013 - La BAD appuie les statistiques en République Centrafricaine
14/06/2013 - Financial Presentation - 2013 Annual Meetings
12/06/2013 - Impressed Participants - 2013 Annual Meetings
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-MA-K00-010 |
Programme d'appui à la revitalisation de la gouvernance économique et financière phase I (PARGEF I) Categories: Economic & Financial Governance |
OngoingOnGo |
| P-MA-E00-009 |
Approvisionnement en eau de la région de Marrakech Categories: Water Supply & Sanitation |
OngoingOnGo |
Contacts
Morocco field office
Groupe de la Banque africaine de développement
Bureau National du Maroc (MAFO)
Immeuble “Espaces les Lauriers”, 1er Etage
Angle des avenues Annakhil et Mehdi Ben Barka, Hay Riad
BP 592 Rabat Chellah
Rabat, Maroc
Tel: (212) 537565937 / 537713826-7 Ext. 6160-6190
Fax: (212) 537565935
Contact
Mme. Amani Abou-Zeid, Représentante Résidente
Mr. Matondo-Fundani, Nono
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis Belvédère, Tunisia
Tel: (216) 7110-2054
Fax: (216) 7183-4548
Key Facts
| Flag: |  |
| Capital: | Rabat |
| Area: | 712,550 sq km |
| Total Population 2012: | 32.6 Million |
| Urban Population 2012: | 59.42% |
| Female Population 2012: | 51.05% |
| GDP: | US$ 101.3 Billion |
| GNI Per Capita 2012: | US$ 2,970 |
| Inflation Rate: | 1.30% |
| Crude Birth Rate (per 1000): | 18.90% |
| Human Development Index (rank / 187): | 130 |
| Human Development Index (scale 0 to 1): | 0.591 |
| Membership Date: | 10/09/1964 |
| Cumulative Approvals (1967-2012): | UA 6.7 Billion |
