Economic Outlook for Morocco

The Africa Economic Forum’s (AEF), Economic Outlook is a one-day event that focuses on the economic and business outlook for Morocco over the next one year.

After a strong post-COVID-19 rebound, Morocco's economy came under mounting pressure from overlapping supply shocks: a severe drought and a surge in commodity prices that have fed inflation.

Nonetheless, Morocco’s economic growth is expected to accelerate to 3.1 % in 2023, thanks to a rebound of the primary sector. Still, downside risks persist due to geopolitical tensions, including the war on Ukraine, the deceleration of Morocco’s main trading partners in the Eurozone and new potential climate shocks.

The focus of this year’s meeting will address the impact of food and energy prices on households, the deceleration of Morocco’s main trading partners in the Eurozone, potential climate shocks and other key downside risks to the growth outlook.

This event is intended for key decision maker including National policy Makers, National business leaders, financial market participants, and the community of analysts and professionals to discuss structural policy packages to ease supply constraints and social safety net reforms that will allow for an effective concentration of subsidies on the poor and vulnerable.