Economics

Morocco Central Bank Warns on Economic Growth as Drought Lingers

A farmer walks in his dried-out melon field, near the city of Saidia in northeastern Morocco on Nov. 2.

Photographer: Fadel Senna /AFP/Getty Images
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Morocco’s central bank called for speedier reforms and the founding of a state investment fund as the North African nation’s already slowing economy faces the prospect of a damaging drought, according to a presentation in parliament.