Rabat - The growth rate of the Moroccan economy is expected to reach about 2.6 % in the 3rd quarter of 2014 year-on-year, against 2.3 % during the second quarter, said the High Commission for Planning (HCP) on Monday.
Rabat – The growth rate of the Moroccan economy is expected to reach about 2.6 % in the 3rd quarter of 2014 year-on-year, against 2.3 % during the second quarter, said the High Commission for Planning (HCP) on Monday.
The national economy should grow to reach about 2.6 % in the 3rd quarter of 2014 due to a probable 2.7 % decrease of the agricultural value added and a 3.4 % increase of non-agricultural activities, said figures by the HCP on the economic situation for July 2014.
Growth prospects for the 3rd quarter of 2014 are expected to be, on the whole, more positive compared to the 2nd quarter, said HCP.
Non-agricultural activities, mainly export sectors as clothing, aeronautics and car industry, will increase by more than 3% of the overall demand for Moroccan products.