ECONOMIC HEADLINES
| MOROCCO | OFFICIAL RESERVE ASSETS | An increase of 5% y-o-y as of October 7th 2022
As of October 7th 2022, the Official Reserve Assets reached MAD 339 Bn. These recorded an increase of 5.3% year-on-year and a decrease of 0.1% compared to the previous week.
| CÔTE D’IVOIRE | FOREIGN TRADE | A trade deficit of FCFA -116,7 Bn at the end of August 2022
According to the Department of Forecasts, Policies and Economic Statistics (DPPSE), Côte d'Ivoire exports rose by 26.8% at the of August 2022 to FCFA 6,976.8 Bn. Likewise, imports increased by 43.3% during the same period to stand at FCFA 7,093.5 Bn. To this end, the trade deficit stands at FCFA -116,7 Bn at the end of August 2022 against a surplus of FCFA +552.1 Bn a year earlier.
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