Morning Brief february 15th, 2023

FINANCIAL MARKET HEADLINES
| MOROCCO | GDP | The World Bank forecasts a growth rate of 3.1% in 2023
According to the World Bank’s latest forecasts, the growth rate of the Moroccan economy should reach 3.1% in 2023, supported by a rebound of the primary sector.

ECONOMIC HEADLINES
| TUNISIA | FOREIGN TRADE | Reduction of the trade deficit in January 2023
According to the National Institute of Statistics (INS), Tunisia's exports jumped by 21.0% in January 2023 to settle at TND 5,044.8 Mn. Likewise, imports rose by 9.6% to TND 6,140.2 Mn. In this context, the trade deficit went from TND -1,432.2 Mn in January 2022 to TND -1,095.4 Mn in January 2023, corresponding to a coverage rate of 82.2%. This shows an increase of 7.8 pts compared to the same period of the previous year.

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