Morning Brief - mai 11th, 2022

FINANCIAL MARKET HEADLINES
| MOROCCO | DISWAY | Consolidated revenue up 3% in Q1 2022
In Q1 2022, Disway's consolidated revenue stood at MAD 492 Mn, recording an increase of 2.8% compared to the same period of the previous year.

ECONOMIC HEADLINES
| MOROCCO | GDP | EBERD forecasts a growth rate of 1.2%in 2022
According to the European Bank for Reconstruction and Development (EBRD), the growth rate of the Moroccan economy should stand at 1.2% in 2022 and 3.0% in 2023.

| TUNISIA | WORKERS REMITTANCES | An increase of 13% at the end of April 2022
At the end of April 2022, Tunisians workers’ remittances recorded an increase of 13.1% compared to the same period of the previous year, to settle at TND 2,288.7 Mn.

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