渣打银行预计摩洛哥2025年经济增速为4.8%

Core Insights - Standard Chartered Bank's Global Research predicts Morocco's economic growth rate will reach 4.8% in 2025 and 4.5% in 2026, driven by strong non-farm sector performance, large-scale national investments, and a more favorable inflation environment [1] Economic Growth - The growth forecast is supported by a solid economic foundation and government efforts to consolidate public finances, aiming to keep the deficit below 3% by 2026 [1] Monetary Policy - The Central Bank of Morocco is expected to maintain a 2% benchmark interest rate and plans to shift to an inflation targeting regime by 2027, which may enhance the flexibility of the dirham exchange rate and improve the credibility of the macroeconomic framework [1] Challenges - The Moroccan economy faces challenges such as insufficient early rainy season rainfall limiting agricultural recovery and an expected widening of the current account deficit to 2.5% of GDP [1] Resilience - The country continues to demonstrate remarkable resilience amid global fluctuations, with Standard Chartered Bank expressing commitment to support Morocco in achieving its development goals and promoting investments that contribute to sustainable growth [1]