The Country Partnership Framework for Morocco (2019 to 2024) has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities.
Despite various obstacles, the Moroccan economy has shown resilience and has accelerated, with real output increasing by 3.4% in 2023, according to the World Bank's latest Morocco economic monitor.
The MENA region is expected to grow at 2.2% in 2024, yet the outlook remains subdued amid heightened uncertainty. This edition also includes an update on the economic impacts of the conflict in the Middle East.
According to the report, MENA economies are expected to return to low growth akin to the decade prior to the pandemic. MENA’s gross domestic product (GDP) is forecast to rise to 2.7% in 2024.
After a sharp deceleration in 2022 caused by various overlapping commodity and climate shocks, economic growth is set to increase to 2.8 % in 2023, driven by a partial recovery of agricultural output, services, and net ...
A new World Bank diagnostic tool, The Morocco Country Climate and Development Report explores the linkages between climate and development and identifies priority actions to build resilience and reduce carbon emissions.
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