世界银行预计摩洛哥2026年经济增长4.4%

Core Viewpoint - The World Bank's recent report on Morocco's economy presents a cautiously optimistic assessment, projecting a growth rate of approximately 5% in 2025 due to agricultural recovery, although mid-term prospects are expected to moderate amid increasing global uncertainties [1] Economic Growth Projections - Morocco is expected to experience a growth rate of about 5% in 2025, benefiting from agricultural recovery [1] - Growth is projected to slow to 4.4% in 2026 and remain at a similar level in 2027 [1] - The anticipated growth rate for Morocco is still above the average of 3.6% for the Middle East and North Africa region, indicating a relatively robust growth trend [1] Macroeconomic Stability - Morocco has made progress in macroeconomic stability, with a projected narrowing of the fiscal deficit due to fiscal consolidation [1] - Increases in remittances and tourism revenues have improved the current account balance [1] Structural Challenges - The country faces multiple structural challenges, including a slowdown in global trade and increased trade restrictions that may hinder manufacturing development [1] - The normalization of agricultural recovery is expected to weaken its support for growth [1] - The labor market is under significant pressure from population growth, making job creation for youth and women an urgent task [1] - There is a need to reduce dependence on large developed economies and enhance resilience through deeper regional integration and diversification of partnerships [1] Recommendations for Growth - To maintain growth momentum, the World Bank recommends that Morocco deepen structural reforms [1] - Key focus areas include activating the private sector, reducing the informal economy, promoting employment, and integrating climate change adaptation and green economic development as core strategies [1]