The African Development Bank (AfDB) expects a 4 pc GDP growth in Morocco in 2021 after the country’s economic activity was affected like other countries around the world by the Covid-19 pandemic. In its “African Economic Outlook 2020 – Supplement”, the African Bank says Morocco’s budget and current account deficits should improve next year, respectively reaching 4.8 pc –5.3 pc and 4.2 pc–5.3 pc of GDP. The Coronavirus pandemic has altered Morocco’s economic forecast as the global health crisis has affected the country’s main trading partners (Spain, France, Italy and Germany), says the AfDB report. The Covid-19 lockdown measures have also affected Morocco’s tourism, hotels, restaurants, and transportation. Field hospitals have been set up across the Kingdom with support from the army, says the African Bank.

Source: The North Africa Journal July 09, 2020 09:11 UTC