Morocco’s growth will reach 3% in 2023, and 3.1% in 2024, according to the International Monetary Fund (IMF) report on “World Economic Outlook”. .
The predicted inflation rate for this year is 4.6%, and by 2024, it is expected to have returned to 2.8%, wrote the report which was published on Tuesday.
The same source predicted that the unemployment rate would decrease from 12.9% in 2022 to 11% this year and to 10.5% in 2024.
The report released at the IMF and World Bank spring meetings in Washington forecast that Morocco’s current account balance will rise from -4.3% in 2022 to -3.7% in 2023 and then to -3.5% in 2024.
The world’s growth is projected to reach 2.8% this year and rise to 3% in 2024.
The international outlook anticipated that global inflation will fall from 8.7% in 2022 to 7% this year, and to 4.9% in 2024.