World Bank Forecasts 5 Percent Growth in Morocco in 2013

Morocco’s economic growth rate is forecast to be 5 percent for 2013, the World Bank said in an e- mailed statement today.

It said worker remittances, tourism and foreign direct investment will provide support for the North African nation’s economy.

Finance Minister Nizar Baraka said in a June 6 interview that the country’s economic growth may slow to slow to 3.4 percent this year from 5 percent in 2011.

For Related News and Information:

To contact the reporter on this story: Aida Alami via Cairo +2- aalami2@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden in Dubai at barden@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.