FINANCIAL MARKET HEADLINES
| MOROCCO | SBM | NIGS up 19% in 2022, DPS raised to MAD 145.5
ECONOMIC HEADLINES
| MOROCCO | GDP | Growth rate would have reached 3.0% in Q1 2023
According to HCP, the growth rate of the Moroccan economy would have settled at 3.0% in Q1 2023. This results from the 3.1% increase in non-crop activity and 2.1 % of crop value added during the same period.
In Q2 2023, HCP forecasts a growth of 3.2% following the improvement of 2.9% in crop value added and 3.2% in non-crop value added.
According to the same source, the inflation rate would have reached 9.4% during the 1st quarter of 2023.
| WAEMU | GDP | WAEMU forecasts a growth rate of 6.5% in 2023
According to the West African Economic and Monetary Union (WAEMU), economic growth in the region should reach 6.5% in 2023 and 7.0% in 2024.
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