The High Commission for Planning in Morocco expected that the economic growth rate in the Kingdom would rise to 3.6 percent in 2024 next, and 3.3 percent this year, assuming an average grain crop and an increase in exports. In a report, the delegate expected a fiscal deficit of 5 percent of GDP in 2024, up from 4.8 percent this year. According to the delegate, annual inflation is expected to drop from 2.8 percent in 2023 to 1.8 percent in 2024. The delegate expected that Morocco's total sovereign debt would reach 86.5 percent in 2024, up from 85.8 percent in 2023. The money supply would slow to 5.5 percent in 2024 after an expected growth of 7.2 percent this year.
Source (Al-Arabiya.net Website, Edited)
