The World Economic Forum (WEF) has warned that Morocco is facing three major risks in 2024: economic contraction, inflation, and water scarcity. The drought in Morocco is the main cause of these risks, and it is having a significant impact on the country's economy.
Morocco is ranked 65th in the world by the 2017 Travel and Tourism Competitiveness report released on the 5th of April. Published by the World Economic Forum, the index investigates the economic growth and competitiveness of tourism in 136 countries. Morocco tops the North African region’s ranking despite the drop that the recent report sheds light on. The Kingdom’s tourism competitiveness is still struggling with significant shortage in the exploitation of cultural and natural
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