Morocco to continue increasing public investment, decreases deficit


(MENAFN) Morocco will continue increased public investment and a gradual fall in budget deficit, as predicted BMI Research, a Fitch Group firm.

Accordingly, coalition government is on track to move forward the kingdom's plans to shrink budget deficits and keep its focus on public investment.

The country's real GDP growth will be lower than was projected in this year budget, reaching 4.3 percent instead of the anticipated 4.5 percent.

Furthermore, the budget deficit will diminish over the coming two years; 3.4 percent for this year, trailed by 3.1 percent by the end of the coming year.

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