Fiscal Balance in Morocco
Morocco - Fiscal BalancePreliminary data suggests growth accelerated in Q3, thanks largely to a strong harvest buttressing agricultural output. Industrial sector activity also appeared to have increased on a rebound in mining and quarrying output. Meanwhile, robust tourist inflows should have supported the services sector, despite consumer confidence dropping in the quarter. On 22 October, the government presented the draft 2019 budget to parliament, which calls for an approximate 11% increase in expenditures, with notable spending increases in health, agriculture and tourism.
Morocco - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-5.1||-4.7||-4.2||-4.0||-3.6|
5 years of economic forecasts for more than 30 economic indicators.
Morocco Fiscal Balance Chart
Source: Ministry of Finance.
|Bond Yield||3.70||0.0 %||Jul 31|
|Exchange Rate||9.56||-0.29 %||Nov 13|
|Stock Market||11,055||-0.23 %||Nov 13|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.