Morocco’s economy to contract 13.8% in Q2, 4.6% in Q3
Morocco’s economy is expected to contract by 13.8% in the second quarter under the impact of the coronavirus lockdown, the planning agency said on Sunday.
It said the economy was expected to contract by 4.6% in the third quarter as restrictive measures are loosened.
The economy grew 0.1% in the first quarter, it said. (Reporting by Ahmed Eljechtimi, Editing by Timothy Heritage)