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World Bank Forecasts 5 Percent Growth in Morocco in 2013

June 14 (Bloomberg) -- 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.

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

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