Moroccan Economy

[greenbage]

Morocco's economy grew at 5.7 percent in the first quarter of 2006 compared with 1.6 in the fourth quarter of 2005, mainly on a recovery in farming output after a drought, the High Planning Commission said on Tuesday.

Agriculture accounted for more than half of the expanded economic growth while the telecoms, construction and real estate development boosted non-farming sectors, the country's leading think tank added.

"The GDP growth is estimated at 5.7 percent in the first quarter, with agriculture contributing 3.1 percentage points of that growth," the Commission said.

The climate of economic recovery buoyed business optimism, spurring industrialists to boost investment.

"The positive trend seems to have led companies to bolster their investment programs.

Imports of capital goods rose 11.7 percent in the first quarter while loans for plant equipment rose 3.4 percent for the period," the Commission said.

The drought last year slashed cereals output to around 4.0 million tonnes from an average of 6.0 million in the last decade that cut economic growth to 1.8 percent in 2005 from an average of 4.8 percent in the 2001-2004 period.

The Finance Ministry's Studies and Financial Directorate said in a report that it was expecting cereals output to come in 75 percent higher this year versus 2005.

The estimated cereals crop will be 7.0 million tonnes, 1.0 higher than the level forecast by the government earlier.

As a result, the government and the International Monetary Fund expect the Moroccan economy to grow by more than 6 percent this year from an earlier official growth forecast of 5.4 percent on expected strong agriculture growth.


Kind regards,

Mustapha
www.propertyborders.com
0208 508 9905

_________________
Moroccan Hospitality With British Professionalism

[empersouf]

What a great growth. It's going very good with Morocco!

[greenbage]

THE PARADISE BEACH & GOLF RESORT IS GOING TO BE ONE OF THE MOST IMPORTANT TOURISTIC DEVELOPMENTS IN NORTHERN MOROCCO. PHASE 1 WILL HAVE 500 LOW-RISE APARTMENTS AND TWO HUNDRED 3 BED 2 BATH DETACHED VILLAS ALL WITH INDIVIDUAL SWIMMING POOLS.

AN 18 HOLE GOLF COURSE WILL BE INCORPORATED WITHIN THE DEVELOPMENT. THE APARTMENTS & VILLAS WILL BE CONSTRUCTED ON GENTLY SLOPING LAND - THUS GIVING MOST PROPERTIES AT PARADISE BEACH & GOLF RESORT VIEWS TO THE SEA.

THE SITE IS IN AN AREA OF GREAT NATURAL BEAUTY AND BORDERS THE FORET DIPLOMATIQUE. A STROLL AROUND THE GOLF COURSE ACCESSES A VIRGIN BEACH OF GOLDEN SANDS. JUST 15 MINUTES DRIVE FROM TANGIERS AND THE AIRPORT IN ONE DIRECTION AND 15 MINUTES OR SO IN THE OPPOSITE DIRECTION TO THE PRETTY FISHING VILLAGE OF ASILAH.

Kindest regards

Mustapha
0208 508 9905
www.propertyborders.com
Moroccan Hospitality With British Professionalism


Full Description: PARADISE BEACH & GOLF RESORT PRE-LAUNCH OFFER
1 bed apartments, approx 70 m² including terrace.
685.100 Dirhams (£43,361 @ 15.8 Dh/£) Deposit £17,344 balance by mortgage.

2 bed/2 bath ground floor apartments, approx 90 m² including terrace.
906.100 Dirhams (£57,348 @ 15.8 Dh/£) Deposit £22,939 balance by mortgage.

2 bed/2 bath penthouse apartments, approx 90 m² including terrace, plus roof terrace.
1,071.850 Dirhams (£67,839 @ 15.8 Dh/£) Deposit £27,135 balance by mortgage.

3 bed/2 bath penthouse apartments, approx 116 m² including terrace, plus roof terrace.
1,381.250 Dirhams (£87,421 @ 15.8 Dh/£) Deposit £34,968 balance by mortgage.

Apartments will be in small blocks, 2 storeys high. Ground floor apartments, plus first floor penthouses with access to a flat rooftop sun terrace.

3 bed/2 bath detached villas with private pool (approx 7mx3m).
approx 135 m² including terrace plus 400 m² plot.
2,320.500 Dirhams (£146,867 @ 15.8 Dh/£) Deposit £58,747 balance by mortgage.

Please note that this is a pre-launch offer.

Accordingly there maybe some changes to layout and specifications. However, until such time as the definitive plans, distribution and specifications are available all reservations taken will be on a fully refundable basis.

Once plans are available clients who have paid refundable reservations will be given a priority allocation. When completely satisfied with their reservations clients will be expected to visit Morocco to view the site (Free Weekend Inspection Visit applies). Provided that clients are fully satisfied with their purchase they will then be expected to make their reserve definite (i.e. non-refundable) and pay the balance of the 40% deposit.

TANGIERS
Located at the Northern tip of Morocco where Africa and Europe face each other across the Straights of Gibraltar. Just 9 miles from the Costa del Sol at it’s nearest point. At various times during it’s history Tangiers has been under Portuguese and Spanish rule - it even belonged to England for a short period in the 1600’s. After the Franco - Spanish Protectorate was established in 1912 the city was granted special status as an International Tax Free zone which lasted until the 1960’s.

During this hedonistic period the city was visited by numerous famous faces of the day: Marlene Dietrich, Errol Flynn, Oscar Wilde, Barbara Hutton, Winston Churchill, Ronnie Kray and Tennessee Williams to name but a few. Today’s Tangiers is enjoying a makeover and public works are evident in many areas of the city. With such a rich and colourful history Tangiers is full of character and atmosphere.

The Medina with the Kasbah at its highest point - is a sprawl of winding streets and little shops. Beside the Medina is the Grand Socco where local handicrafts can be purchased at bargain prices.

The sea front close to the port has numerous beach bars including one where £1 buys a beer plus 2 or 3 tapas!!! Eating out in Tangiers is a delight. Enjoy Moroccan food at its finest at the El Korjan Restaurant at the Hotel Minzah, Spanish at le Detroit, Italian at La Casa D’ltalia there is even a McDonalds in the Dawliz Complex!!

Only 5 minutes from the Paradise Beach & Golf Resort is the Club Tanger de Tiro - a world class country club whose facilities are open to non-members. There are 3 restaurants serving both international and Moroccan cuisine plus a café bar. On a 50 acre site the Country Club has a tennis centre, mini-football pitch and kiddies play area. Also available is clay pigeon shooting and soon to be 18 hole Golf Course.

ASILAH TOWN
One can arrive at Tangiers airport by direct flight from one of a number of airports or alternatively (and considerably cheaper) fly into Malaga or Gibraltar and take the inexpensive ferry (around £40 return) from Algeciras or Tarifa to Tangiers. A brand new motorway accesses Asilah from Tangiers in around 30 minutes – or take the longer and more scenic coastal route. Midway between Tangiers and Asilah is the site for the PARADISE BEACH & GOLF RESORT. There are plenty of taxis to make the trip from Tangiers - or hire a car. There is also a bus and train service if required. Royal Air Moroc will open it’s airspace to the budget airlines this year. The likes of Easyjet, Ryanair & Monarch are expected to charge little more than for flights to Malaga.

Asilah is an elegant coastal town with a rich history and a population of around 20,000. First impressions are of the wonderful ramparts and turrets built by the Portuguese in the 1500’s. There are wide avenues and a pretty palm-lined seafront boulevard, here can be found some of the towns best restaurants – many operated by Spanish owners. Casa Garcia, Casa Pepe and Al Kasabah are among the better known, all serve superb fish and shellfish dishes at a fraction of prices at home. There are plenty of little cafes to choose from plus a discothèque at the Hotel al Khaima.

The Medina or old quarter has ancient but well kept blue and white houses. Little shops with friendly shopkeepers sell a variety of Moroccan handicrafts. Every facility is available in Asilah including banks, chemists, church, numerous hotels with bars open to non-residents and a hospital.

The fishing port is a pleasant place for a stroll and there are plans for a yacht Marina. The Mayor of Asilah is also the Moroccan ambassador to the USA and during the late 1970’s this forward thinking gentle man inaugurated an annual summer Arts Festival attended by musicians, painters, poets and writers from all over the world. The financial impact of both tourism and the Arts Festival has transformed Asilah and the town is now extremely clean and prosperous. Evidence of this appeal are signs on houses in the Medina “This house not for sale”!!
THE PARADISE BEACH & GOLF RESORT IS GOING TO BE ONE OF THE MOST IMPORTANT TOURISTIC DEVELOPMENTS IN NORTHERN MOROCCO. PHASE 1 WILL HAVE 500 LOW-RISE APARTMENTS AND TWO HUNDRED 3 BED 2 BATH DETACHED VILLAS ALL WITH INDIVIDUAL SWIMMING POOLS.

AN 18 HOLE GOLF COURSE WILL BE INCORPORATED WITHIN THE DEVELOPMENT. THE APARTMENTS & VILLAS WILL BE CONSTRUCTED ON GENTLY SLOPING LAND - THUS GIVING MOST PROPERTIES AT PARADISE BEACH & GOLF RESORT VIEWS TO THE SEA.

THE SITE IS IN AN AREA OF GREAT NATURAL BEAUTY AND BORDERS THE FORET DIPLOMATIQUE. A STROLL AROUND THE GOLF COURSE ACCESSES A VIRGIN BEACH OF GOLDEN SANDS. JUST 15 MINUTES DRIVE FROM TANGIERS AND THE AIRPORT IN ONE DIRECTION AND 15 MINUTES OR SO IN THE OPPOSITE DIRECTION TO THE PRETTY FISHING VILLAGE OF ASILAH.

Full Description: PARADISE BEACH & GOLF RESORT PRE-LAUNCH OFFER
1 bed apartments, approx 70 m² including terrace.
685.100 Dirhams (£43,361 @ 15.8 Dh/£) Deposit £17,344 balance by mortgage.

2 bed/2 bath ground floor apartments, approx 90 m² including terrace.
906.100 Dirhams (£57,348 @ 15.8 Dh/£) Deposit £22,939 balance by mortgage.

2 bed/2 bath penthouse apartments, approx 90 m² including terrace, plus roof terrace.
1,071.850 Dirhams (£67,839 @ 15.8 Dh/£) Deposit £27,135 balance by mortgage.

3 bed/2 bath penthouse apartments, approx 116 m² including terrace, plus roof terrace.
1,381.250 Dirhams (£87,421 @ 15.8 Dh/£) Deposit £34,968 balance by mortgage.

Apartments will be in small blocks, 2 storeys high. Ground floor apartments, plus first floor penthouses with access to a flat rooftop sun terrace.

3 bed/2 bath detached villas with private pool (approx 7mx3m).
approx 135 m² including terrace plus 400 m² plot.
2,320.500 Dirhams (£146,867 @ 15.8 Dh/£) Deposit £58,747 balance by mortgage.

Please note that this is a pre-launch offer.

Accordingly there maybe some changes to layout and specifications. However, until such time as the definitive plans, distribution and specifications are available all reservations taken will be on a fully refundable basis.

Once plans are available clients who have paid refundable reservations will be given a priority allocation. When completely satisfied with their reservations clients will be expected to visit Morocco to view the site (Free Weekend Inspection Visit applies). Provided that clients are fully satisfied with their purchase they will then be expected to make their reserve definite (i.e. non-refundable) and pay the balance of the 40% deposit.

TANGIERS
Located at the Northern tip of Morocco where Africa and Europe face each other across the Straights of Gibraltar. Just 9 miles from the Costa del Sol at it’s nearest point. At various times during it’s history Tangiers has been under Portuguese and Spanish rule - it even belonged to England for a short period in the 1600’s. After the Franco - Spanish Protectorate was established in 1912 the city was granted special status as an International Tax Free zone which lasted until the 1960’s.

During this hedonistic period the city was visited by numerous famous faces of the day: Marlene Dietrich, Errol Flynn, Oscar Wilde, Barbara Hutton, Winston Churchill, Ronnie Kray and Tennessee Williams to name but a few. Today’s Tangiers is enjoying a makeover and public works are evident in many areas of the city. With such a rich and colourful history Tangiers is full of character and atmosphere.

The Medina with the Kasbah at its highest point - is a sprawl of winding streets and little shops. Beside the Medina is the Grand Socco where local handicrafts can be purchased at bargain prices.

The sea front close to the port has numerous beach bars including one where £1 buys a beer plus 2 or 3 tapas!!! Eating out in Tangiers is a delight. Enjoy Moroccan food at its finest at the El Korjan Restaurant at the Hotel Minzah, Spanish at le Detroit, Italian at La Casa D’ltalia there is even a McDonalds in the Dawliz Complex!!

Only 5 minutes from the Paradise Beach & Golf Resort is the Club Tanger de Tiro - a world class country club whose facilities are open to non-members. There are 3 restaurants serving both international and Moroccan cuisine plus a café bar. On a 50 acre site the Country Club has a tennis centre, mini-football pitch and kiddies play area. Also available is clay pigeon shooting and soon to be 18 hole Golf Course.

ASILAH TOWN
One can arrive at Tangiers airport by direct flight from one of a number of airports or alternatively (and considerably cheaper) fly into Malaga or Gibraltar and take the inexpensive ferry (around £40 return) from Algeciras or Tarifa to Tangiers. A brand new motorway accesses Asilah from Tangiers in around 30 minutes – or take the longer and more scenic coastal route. Midway between Tangiers and Asilah is the site for the PARADISE BEACH & GOLF RESORT. There are plenty of taxis to make the trip from Tangiers - or hire a car. There is also a bus and train service if required. Royal Air Moroc will open it’s airspace to the budget airlines this year. The likes of Easyjet, Ryanair & Monarch are expected to charge little more than for flights to Malaga.

Asilah is an elegant coastal town with a rich history and a population of around 20,000. First impressions are of the wonderful ramparts and turrets built by the Portuguese in the 1500’s. There are wide avenues and a pretty palm-lined seafront boulevard, here can be found some of the towns best restaurants – many operated by Spanish owners. Casa Garcia, Casa Pepe and Al Kasabah are among the better known, all serve superb fish and shellfish dishes at a fraction of prices at home. There are plenty of little cafes to choose from plus a discothèque at the Hotel al Khaima.

The Medina or old quarter has ancient but well kept blue and white houses. Little shops with friendly shopkeepers sell a variety of Moroccan handicrafts. Every facility is available in Asilah including banks, chemists, church, numerous hotels with bars open to non-residents and a hospital.

The fishing port is a pleasant place for a stroll and there are plans for a yacht Marina. The Mayor of Asilah is also the Moroccan ambassador to the USA and during the late 1970’s this forward thinking gentle man inaugurated an annual summer Arts Festival attended by musicians, painters, poets and writers from all over the world. The financial impact of both tourism and the Arts Festival has transformed Asilah and the town is now extremely clean and prosperous. Evidence of this appeal are signs on houses in the Medina “This house not for sale”!!
About: THE PARADISE BEACH & GOLF RESORT IS GOING TO BE ONE OF THE MOST IMPORTANT TOURISTIC DEVELOPMENTS IN NORTHERN MOROCCO. PHASE 1 WILL HAVE 500 LOW-RISE APARTMENTS AND TWO HUNDRED 3 BED 2 BATH DETACHED VILLAS ALL WITH INDIVIDUAL SWIMMING POOLS.

AN 18 HOLE GOLF COURSE WILL BE INCORPORATED WITHIN THE DEVELOPMENT. THE APARTMENTS & VILLAS WILL BE CONSTRUCTED ON GENTLY SLOPING LAND - THUS GIVING MOST PROPERTIES AT PARADISE BEACH & GOLF RESORT VIEWS TO THE SEA.

THE SITE IS IN AN AREA OF GREAT NATURAL BEAUTY AND BORDERS THE FORET DIPLOMATIQUE. A STROLL AROUND THE GOLF COURSE ACCESSES A VIRGIN BEACH OF GOLDEN SANDS. JUST 15 MINUTES DRIVE FROM TANGIERS AND THE AIRPORT IN ONE DIRECTION AND 15 MINUTES OR SO IN THE OPPOSITE DIRECTION TO THE PRETTY FISHING VILLAGE OF ASILAH.

Full Description: PARADISE BEACH & GOLF RESORT PRE-LAUNCH OFFER
1 bed apartments, approx 70 m² including terrace.
685.100 Dirhams (£43,361 @ 15.8 Dh/£) Deposit £17,344 balance by mortgage.

2 bed/2 bath ground floor apartments, approx 90 m² including terrace.
906.100 Dirhams (£57,348 @ 15.8 Dh/£) Deposit £22,939 balance by mortgage.

2 bed/2 bath penthouse apartments, approx 90 m² including terrace, plus roof terrace.
1,071.850 Dirhams (£67,839 @ 15.8 Dh/£) Deposit £27,135 balance by mortgage.

3 bed/2 bath penthouse apartments, approx 116 m² including terrace, plus roof terrace.
1,381.250 Dirhams (£87,421 @ 15.8 Dh/£) Deposit £34,968 balance by mortgage.

Apartments will be in small blocks, 2 storeys high. Ground floor apartments, plus first floor penthouses with access to a flat rooftop sun terrace.

3 bed/2 bath detached villas with private pool (approx 7mx3m).
approx 135 m² including terrace plus 400 m² plot.
2,320.500 Dirhams (£146,867 @ 15.8 Dh/£) Deposit £58,747 balance by mortgage.

Please note that this is a pre-launch offer.

Accordingly there maybe some changes to layout and specifications. However, until such time as the definitive plans, distribution and specifications are available all reservations taken will be on a fully refundable basis.

Once plans are available clients who have paid refundable reservations will be given a priority allocation. When completely satisfied with their reservations clients will be expected to visit Morocco to view the site (Free Weekend Inspection Visit applies). Provided that clients are fully satisfied with their purchase they will then be expected to make their reserve definite (i.e. non-refundable) and pay the balance of the 40% deposit.

TANGIERS
Located at the Northern tip of Morocco where Africa and Europe face each other across the Straights of Gibraltar. Just 9 miles from the Costa del Sol at it’s nearest point. At various times during it’s history Tangiers has been under Portuguese and Spanish rule - it even belonged to England for a short period in the 1600’s. After the Franco - Spanish Protectorate was established in 1912 the city was granted special status as an International Tax Free zone which lasted until the 1960’s.

During this hedonistic period the city was visited by numerous famous faces of the day: Marlene Dietrich, Errol Flynn, Oscar Wilde, Barbara Hutton, Winston Churchill, Ronnie Kray and Tennessee Williams to name but a few. Today’s Tangiers is enjoying a makeover and public works are evident in many areas of the city. With such a rich and colourful history Tangiers is full of character and atmosphere.

The Medina with the Kasbah at its highest point - is a sprawl of winding streets and little shops. Beside the Medina is the Grand Socco where local handicrafts can be purchased at bargain prices.

The sea front close to the port has numerous beach bars including one where £1 buys a beer plus 2 or 3 tapas!!! Eating out in Tangiers is a delight. Enjoy Moroccan food at its finest at the El Korjan Restaurant at the Hotel Minzah, Spanish at le Detroit, Italian at La Casa D’ltalia there is even a McDonalds in the Dawliz Complex!!

Only 5 minutes from the Paradise Beach & Golf Resort is the Club Tanger de Tiro - a world class country club whose facilities are open to non-members. There are 3 restaurants serving both international and Moroccan cuisine plus a café bar. On a 50 acre site the Country Club has a tennis centre, mini-football pitch and kiddies play area. Also available is clay pigeon shooting and soon to be 18 hole Golf Course.

ASILAH TOWN
One can arrive at Tangiers airport by direct flight from one of a number of airports or alternatively (and considerably cheaper) fly into Malaga or Gibraltar and take the inexpensive ferry (around £40 return) from Algeciras or Tarifa to Tangiers. A brand new motorway accesses Asilah from Tangiers in around 30 minutes – or take the longer and more scenic coastal route. Midway between Tangiers and Asilah is the site for the PARADISE BEACH & GOLF RESORT. There are plenty of taxis to make the trip from Tangiers - or hire a car. There is also a bus and train service if required. Royal Air Moroc will open it’s airspace to the budget airlines this year. The likes of Easyjet, Ryanair & Monarch are expected to charge little more than for flights to Malaga.

Asilah is an elegant coastal town with a rich history and a population of around 20,000. First impressions are of the wonderful ramparts and turrets built by the Portuguese in the 1500’s. There are wide avenues and a pretty palm-lined seafront boulevard, here can be found some of the towns best restaurants – many operated by Spanish owners. Casa Garcia, Casa Pepe and Al Kasabah are among the better known, all serve superb fish and shellfish dishes at a fraction of prices at home. There are plenty of little cafes to choose from plus a discothèque at the Hotel al Khaima.

The Medina or old quarter has ancient but well kept blue and white houses. Little shops with friendly shopkeepers sell a variety of Moroccan handicrafts. Every facility is available in Asilah including banks, chemists, church, numerous hotels with bars open to non-residents and a hospital.

The fishing port is a pleasant place for a stroll and there are plans for a yacht Marina. The Mayor of Asilah is also the Moroccan ambassador to the USA and during the late 1970’s this forward thinking gentle man inaugurated an annual summer Arts Festival attended by musicians, painters, poets and writers from all over the world. The financial impact of both tourism and the Arts Festival has transformed Asilah and the town is now extremely clean and prosperous. Evidence of this appeal are signs on houses in the Medina “This house not for sale”!!

[TooNs]

and the unemployement rate is about 9,8%...
it's going very goooooooooood!

[Yazoo]

I've just read an article, apparently they predict it's going to be even more for 2006. What is even more interesting is that old accounting system is being replaced by a newer one (which is the one practiced internationally) starting 2007 which will drive numbers to a higher (apparently the one being used now is outdated and tends to give lower figures than it should with the current state of the economy)

[smussuw]

Mashallah, r u all Moroccan?

[Casa]

apparentelly

[skipperBill]

Great news for Morrocco

[_BPS_]

Mashallah.

[belgiumguy]

They should reach atleast 7 percent to achieve real progress but alhamdulilah.

[Casa]

in comparaison with the past really moroco is doing great, and next year i think it will be better due to real estate and outsoursing and offshoring, i heard many big projects are in the way specialy in casablanca in real estate

[belgiumguy]

I say that when the biggest projects in morocco will be finished in 2010 and later in 2015 , morocco will have the second biggest economy in africa aftr SA

[Aícha]

Le CMC prévoit +7,1% de croissance économique et 3,2% d'inflation en 2006

L'économie nationale devrait connaître un véritable rebond d'activité en 2006 avec un taux de croissance atteignant 7,1 %, estime le Centre Marocain de Conjoncture (CMC).


Concernant l'inflation, le même Centre indique que les prix à la consommation devraient, sous l'effet d'un redressement significatif de la demande mais aussi du renchérissement du pétrole, connaître un accroissement plus soutenu que l'exercice précédent avec un taux d'inflation de l'ordre de 3,2 %.

Selon la publication Info-CMC, la configuration sectorielle de la nouvelle dynamique de croissance fait apparaître une participation significative de l'ensemble des activités avec une valeur ajoutée agricole qui afficherait une progression estimée sur la base des données actuelles à 26,7 %.

Le CMC, observatoire basé à Casablanca et relevant du secteur privé, signale que les industries manufacturières devraient progresser à un rythme légèrement plus soutenu que celui de l'exercice précédent, soit un taux de croissance en volume de 3,4 %. Les activités du bâtiment et travaux publics devraient poursuivre l'élan pris ces dernières années avec l'expansion que connaît l'habitat social ainsi que les programmes étatiques en matière d'infrastructures de base.

La valeur ajoutée de ces activités devrait enregistrer une progression de 7 % au terme de l'année 2006. Il en est de même des secteurs du transport, des télécommunications et des autres services marchands.
Enfin, le secteur du commerce, tirant profit de l'expansion aussi bien de la production intérieure que des importations, devrait évoluer au cours de l'année 2006 dans des conditions plus favorables et réaliser une croissance de 4,5 %.

L'investissement augmenterait en valeurs nominales de 11,2 % à la faveur d'une reprise prévisible des flux de capitaux étrangers doublée de la tendance au redressement de l'investissement privé et des équipements publics.

La consommation des ménages montrerait, dans cette perspective porteuse, davantage de vitalité en enregistrant un accroissement en valeurs courantes de 9,8 %.
Les échanges extérieurs devraient contribuer positivement à la croissance, indique la même source, précisant que les importations devraient accroître en valeurs courantes de 11,2 % et les exportations enregistrer un léger redressement en valeurs nominales de 10,9 %.




Le 25-5-2006
Par : MAP

[Aícha]

7,1% !!!!!!!!!!

[smussuw]

so what is Moroccos GDP ?

[Casa]

Originally Posted by smussuw

so what is Moroccos GDP ?

number from CIA factbook

GDP (purchasing power parity): $140.9 billion (2005 est.)

GDP (official exchange rate): $51.56 billion (2005 est.)

GDP - per capita (PPP): $4,300 (2005 est.)

[Casa]

Originally Posted by smussuw

so what is Moroccos GDP ?

numbers from CIA factbook

GDP (purchasing power parity): $140.9 billion (2005 est.)

GDP (official exchange rate): $51.56 billion (2005 est.)

GDP - per capita (PPP): $4,300 (2005 est.)

[Matthias Offodile]

Hello to all of you,

I found this piece of information which is nice to know


Vers une croissance de 7,3% pour 2006

MAROC - 5 juillet 2006 - MAP

Les prévisions économiques tablent pour 2006 sur un taux de croissance de 7,3 % contre 1,7 % en 2005, a déclaré le Haut Commissaire au Plan, M. Ahmed Lahlimi.

Dans un entretien accordé au quotidien "Aujourd'hui le Maroc" de mercredi, M. Lahlimi a souligné qu' "une pluviométrie suffisante et bien répartie sur l'année 2006 devrait porter le taux de croissance agricole de 1,8 % en 2005 à 7,3 %", ajoutant que "la valeur ajoutée agricole devrait connaître une hausse de 30,6 % contre une baisse de l'ordre de 16 % en 2005".

Certes, a-t-il observé, "les réformes entreprises par notre pays et les grands chantiers d'infrastructure conjointement avec une politique résolue de développement de certains secteurs porteurs, notamment depuis les dernières années, se sont traduits par une amélioration des taux d'investissements et ontcontribué à une relance des activités non agricoles qui semblent effectivement s'inscrire dans +un sentier haussier+ par rapport à la tendance antérieure".

Selon le haut Commissaire, le taux de croissance de 6,7 est celui de la croissance enregistrée par la comptabilité nationale au cours du premier trimestre 2006. "Cette croissance a profité de la subvention de la Caisse de compensation qui a amorti l'effet du renchérissement du pétrole sur les prix intérieurs et, par conséquent, sur l'activité économique", a-t-il expliqué.

Et d ajouterá: "Cette croissance n'a, cependant, pas empêché un alourdissement de la facture pétrolière à l'importation accentuant sérieusementle déséquilibre de notre balance commerciale, malgré une amélioration réelle des performances des secteurs marchands non agricoles".

S'agissant de la dépendance énergétique du Maroc par rapport à l'extérieur qui rendrait difficile toute prévision, M. Lahlimi a estimé qu' "une politiquede compétitivité de l'économie nationale s'avère la seule voie durable pour en atténuer les effets sur la croissance". "Ce sont de telles politiques qui ontpermis, jusqu'à présent, à l'économie mondiale d'en résorber les effets", a-t-il ajouté.

[Casa]

that's great news but still this growth depends on agriculture, which make it float over the years depending on the weather , it will be more interesting to know the growth increase of the economy beside agriculture

[Aícha]

Morocco is given to take up the socio-economic challenges within a framework of opening

27.07.2006 | 16h24


The first seven years of reign of S.M. King Mohammed VI showed that Morocco is given "to take up the challenge which the equation of triple economic, social and cultural change constitutes, within a framework of opening to the international competition, of democracy and of respect of the humans right", estimates the high commissioner with the Plan, Ahmed Lahlimi.
This important stage in the life of the Morrocans was marked primarily by a Royale approach declined in a vision, a will and a style. A vision of democratic, modern and interdependent Morocco, resolutely turned towards the future, a will invested in programs where articulate the economic one, the sociétal and the human one and a style marked by the dynamism and the proximity, underlines Mr. Lahlimi in a maintenance granted to agency MAP.

The building sites of economic, social and urban infrastructure launched by S.M. the King must create jobs and progressively to distribute incomes with their deployment and will not have a full effect, direct and indirect, that at the time when them exploitation will have reached its cruising speed, raises it.

"ten great projects which appear among these building sites would produce, alone, according to an evaluation of the experts of the HCP, an additional growth rate of 1,5% and 140.000 employment, counts not held of the effects of exploitation of the additional outputs due to these investments", explains it.

For the high commissioner in the Plan, reform them with character sociétal have impact determining only in the duration in terms of changes in the social reports/ratios and the cultural values which they are carrying.
Reforms as the code the family, the obligatory Sickness insurance (AMO) or the national Initiative for the human development (INDH) will induce profound changes in the aspirations, the behaviors and mentalities on the level of all the spheres economic, social and cultural, adds Mr. Lahlimi stressing that the first steps of these changes are expressed already in the role growing of the women and the young people in the labour market, the economic activities, the civil company or the public life.

Mr. Lahlimi affirms that Morocco of Mohammed VI accelerated the rate of the reforms and advances like example to support its remarks, the average annual increase in the investments (GFCF), which passed from 5,4% to 6% between the decades 1990-1999 and 1999-2005, improvement of the average rate of growth of the nonagricultural GDP which knows, as for him, a notable increase passing, between the two decades, of almost 3 % to 4 % and the share of telecommunications in the nonagricultural commercial GDP which increased by 3,2% in 1999 to 5,2% in 2005. "In parallel, the rate of poverty notably improved. It dropped by 16,3% in 2000 to 14,2 PC into 2004", adds it.

The reforms undertaken by Morocco, the large building sites of infrastructure and the impulse given to the investment in certain carrying sectors contributed to the relative improvement of the growth rate economic and started again the activities in the nonagricultural sectors which seem to take indeed a tendency hawser compared to the past, Mr. Lahlimi underlines.

These performances must improve in the duration. What implies the continuation of the made efforts and the limitation of the erratism of the growth rate, it specifies estimating that it is necessary, for this purpose, to record the level of integration to the national economy of the agricultural sector and to reduce its vulnerability to the internal shocks due in particular to the climatic, and external risks in particular related to the awaited impact of international engagements of the Kingdom.

The dash of reforms started since the establishment of S.M. the King, makes that Morocco is equipped today "with a passenger waybill", underlines Mr. Lahlimi. "the rudder is between good hands, the course is put on the good direction and the ship keeps the sea.

Morocco reconciles itself gradually with itself ", says it.
"the areas, formerly neglected, even which marginalized, receive, today, their share of the national effort of development. The dialectical one between growth and human development is set up. The way is very traced so that the relays between the leadership and the base are brought to the required level ", raises it.

A strong growth and a durable human development, in a democratic and interdependent company, require a dynamic private capital national able to replace of the investment public or external, it estimates adding that it is quite as imperative as the intermediation political and social to Morocco gives the means of leading the changes started while focusing itself much more on "the passenger waybill".

Evoking Prospective reflexion the "Morocco 2030", led by the HCP, Mr. Lahlimi stresses that the credibility of the scenarios which result from this, that they is total or sectoral, proceeds of the richness of the studies and the research tasks as of the tools for analysis which constitute the base of it. Their objective, indicates it, is to define a certain number of routes which are offered to Morocco, taking into account the forces and weaknesses of its economy, within the limits of the constraints and opportunities that its geopolitical and geoeconomic environment presents, current and foreseeable.

It is of choice and will. The futurology teaches us that the worst is never impossible and that the best is always with the range of those which can anticipate, to organize itself and to act with method and preoccupation with an evaluation, concludes it.