Arab Steel Summit
Arab Steel Summit
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.


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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.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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