Al-Halimi's delegate expects an improvement in the indicators of the Moroccan economy

Published 2021년 10월 5일

Tridge summary

The High Commission for Planning has reported a significant growth in Morocco's gross domestic product (GDP) in the third quarter of 2021, with agriculture leading the recovery. The agricultural sector saw a 19.6% increase in added value, largely due to a rise in cereal, vegetable, and fruit production. The non-agricultural sector also showed signs of revival, growing by 4.2%, contributing to a tertiary sector growth of 2.2 points. The manufacturing industry grew by 3.5%, and construction by 7.1%, while the minerals sector saw a 3.7% increase. The country's agricultural sector is expected to continue this growth, with improvements in plant and livestock production.

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Original content

The High Commission for Planning stated that this transformation is mainly due to the increase in the agricultural added value by an estimated 19.6%, and the revival of non-agricultural activities by 4.2%, so that the tertiary sector will witness a remarkable increase, contributing +2.2 points to the growth of the gross domestic product, Supported by the revival of trade, transport and restaurant activities. The High Commission for Planning revealed that the secondary sector is expected to continue its development, but at a slower pace than the previous quarter, to contribute +1 points, as the manufacturing industries are expected to witness an increase of about 3.5%, instead of +22,8% in the previous quarter. On the other hand, construction activities will witness a significant increase estimated at 7.1%, thanks to the recovery in construction activities and housing demand. As for the minerals sector, adds the commission, its added value is expected to witness an increase of 3.7% ...

Source: Le 360