Morocco is expected to experience sustained economic growth as the year 2024 progresses. Despite the economic slowdown, the Moroccan government is committed to implementing proactive policies to increase public and private investment in infrastructure, rural development and education. Oil-exporting countries, which benefited from a rise in energy prices in 2022, will experience the biggest growth slowdown. Despite lower energy prices, MENA oil-exporting countries expect to outpace the growth of non-oil-exporting countries, with the exception of Egypt. REUTERS/YOUSSEF BOUDLAL - Central Bank of MoroccoThis means that food prices have risen much faster than the average wage of the working poor.

Source: The North Africa Journal April 16, 2023 06:32 UTC