Ezz_steel1
Arab Steel Summit
kuwait_steel1
imatal4
Ezz_Web_Banner_Side_280x200
qatar_steel2
Slide
Arab Steel Summit
Kallanish3_23_2
Arab Steel Summit

Moroccan Economy Expected to Grow by 4.9% in 2021 (IMF)

The Moroccan economy is expected to contract by -7% in 2020 before rebounding with 4.9% growth in 2021, according to the International Monetary Fund (IMF).

In its latest “World Economic Outlook” report released on Tuesday, the IMF says that unemployment is expected to stand at 12.5% in 2020 before falling to 10.5% in 2021, against 9.2% in 2019.

Inflation is expected to remain in 2020 at the same level as 2019, at 0.2%, before increasing to 0.8% in 2021, according to the Washington-based financial institution.

For its part, Morocco’s current account balance would stand at -7.3% in 2020 (-4.1% in 2019) and -5.2% in 2021.

Twitter
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1
Arab Steel Summit

Latest News

الاتحاد العربي للحديد والصلب

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

Information

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org