The Country Partnership Framework for Morocco (2019 to 2024) has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities.
Despite the drought causing a modest deceleration of overall GDP growth to 3.2 percent, the Moroccan economy has exhibited some encouraging trends in 2024.
The MENA region is expected to grow at 2.2% in 2024, yet the outlook remains subdued amid heightened uncertainty. This edition also includes an update on the economic impacts of the conflict in the Middle East.
According to the report, MENA economies are expected to return to low growth akin to the decade prior to the pandemic. MENA¡¯s gross domestic product (GDP) is forecast to rise to 2.7% in 2024.
A new World Bank diagnostic tool, The Morocco Country Climate and Development Report explores the linkages between climate and development and identifies priority actions to build resilience and reduce carbon emissions.
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