The Bank of Morocco forecasts economic growth to accelerate from 3.8% in 2024 to 4.6% in 2025, stabilizing at 4.4% in 2026.
The bank indicated that agricultural value added is expected to rise by 5% this year, considering a grain yield of 41.3 million quintals, and by 3.2% in 2026, assuming a production of 50 million quintals of grain.
In non-agricultural sectors, growth is projected to reach approximately 4.5% in 2025 and 2026, driven by strong investment dynamics in infrastructure.
Additionally, the bank’s board decided to keep the main interest rate unchanged at 2.25%, continuing to enhance measures aimed at facilitating financing conditions for businesses, particularly very small enterprises.
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