ccp

Sunday, October 15, 2017

World Bank Ups Growth Rate for Moroccan Economy in 2017 Due to Agricultural Reboun

In its latest report, the international financial institution revised the national growth rate to 4.1 percent, up 0.3 points from its June forecast.

The WB explains in the October 2017 Economic Monitoring Report that this increase in growth is due to a 14.3 percent rebound in agricultural GDP, driven by an above-average cereal harvest, against -11.3 percent in 2016, a year marked by a “severe drought.”

https://www.moroccoworldnews.com/2017/10/230920/world-bank-expects-4-1-growth-rate-for-moroccan-economy-in-2017/

No comments:

Post a Comment