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Morocco’s Economy to Jump to 4.6% in 2025, Central Bank Reports

Rabat: Morocco’s economy is projected to experience robust growth, with an increase to 4.6% in 2025, as reported by the country’s central bank. This optimistic outlook is largely attributed to improvements in both agricultural and non-agricultural sectors.

According to Agence Marocaine De Presse, the agricultural sector is expected to see a value-added increase of 5% this year, supported by a cereal harvest of 41.3 million quintals. The growth in agriculture is anticipated to continue, albeit at a slower rate, with a 3.2% increase forecasted for 2026, assuming a production level of 50 million quintals.

In the non-agricultural sectors, growth is primarily driven by substantial investments in infrastructure. The central bank, BAM, forecasts a growth rate of around 4.5% for both 2025 and 2026 in these sectors. Such investments are expected to bolster the overall economic performance of the country.

BAM’s Board has opted to keep the key interest rate steady at 2.25%. This decision is part of a broader strategy to enhance financing conditions for businesses, with a particular focus on very small enterprises (VSEs). The measures aim to support economic expansion by ensuring that businesses have access to necessary financial resources.