Domestic growth expected to fall to 3.5% in 2018 and 3.1% in 2019, says Central Bank
Domestic growth is expected to fall from 4.1% in 2017 to 3.5% in 2018 and to 3.1% in 2019, according to central bank "Bank Al-Maghrib"'s projections.
"Nationally, the recent national accounts data for the first quarter of 2018 indicate a year-on-year slowdown of GDP from 3.5% to 3.2%, covering a slower rise in agricultural value added at 2.5%, down from 14.8%, and higher increase in nonagricultural activities to 3.4%, up from 2%.These trends would continue over the medium term, as domestic