Morning Brief April 17th, 2024

ECONOMIC HEADLINES

| MOROCCO | GDP | The IMF forecasts a growth rate of 3.1% in 2024
According to the latest report from the International Monetary Fund (IMF) on “World Economic Outlook”, the growth rate of the Moroccan economy is expected to reach 3.1% in 2024 and 3.3% in 2025 .

| TUNISIA | FOREIGN TRADE | Reduction of the trade deficit in Q1 2024
In Q1 2024, Tunisia's exports rose by 4.3% to TND 16,287.9 Mn. Meanwhile, imports fell by 0.6% to TND 19,342.0 Mn during the same period. In this context, the trade deficit fell by 20.6% to stood at TND -3,054.1 Mn. The latter corresponds to a coverage rate of 84.2%, i.e. 4.0 pts compared to the same period of 2023.

Read more.