In its latest assessment, the International Monetary Fund (IMF) highlighted Morocco's robust economic growth, with real GDP accelerating to 4.9% in 2025, fueled by a rebound in agriculture and infrastructure projects. However, the ongoing Middle East conflict poses risks to short-term growth, with potential disruptions in global commodity markets and increased inflationary pressures.
Amidst escalating geopolitical tensions, the governor of Bank Al-Maghrib, Abdellatif Jouahri, maintains a cautious yet confident stance, asserting that Morocco's economic fundamentals remain strong despite international uncertainties.
The latest report from the Court of Auditors highlights a significant rise in desalinated water production costs under public-private partnerships, with operational deficits looming due to a stark gap between production expenses and selling prices. In regions like Agadir and Casablanca, the financial strain is exacerbated by factors such as tax exemptions and pandemic-related costs, prompting state and corporate interventions to mitigate the burgeoning fiscal imbalance.