Morning Brief October 16th 2024

ECONOMIC HEADLINES

| MOROCCO | DAMS | A filling rate of 29% as of October 15th 2024
As of October 15th 2024, reserves of the country's main dams reached 4.9 billion m3 , i.e. recording a filling rate of 29% against 25.1% a year earlier.

| SENEGAL | FOREIGN TRADE | Reduction of the trade deficit at the end of August 2024
According to the National Agency for Statistics and Demography (ANSD), Senegal's exports fell by 1.5% at the end of August 2024 to FCFA 2,252 Bn. Likewise, imports decreased by 1.0% to stand at FCFA 4,620 Bn. In this context, the trade balance shows a defi-cit of FCFA -2,596 Bn at the end of August 2024 compared to FCFA -2,626 Bn a year earlier.

 

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