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Morocco forecasts 6.1% GDP growth in 2009 3QRabat - Moroccan GDP is expected to post a growth rate of 6.1% in the third quarter of 2009, against 5.4% in the second quarter, High Planning Commission (HCP) said.
This is due to a slight pickup in foreign demand and a similar upturn in non-agricultural activities, HCP said in its October report. World demand for Moroccan products increased by 1.2 in the second quarter of 2009, the Commission said, adding that this modest increase mirrors a consolidation of the tertiary sectors' value added. The HCP also noted a slight improvement in the tourist sector's situation in the same period as shown by the rise in tourist arrivals (4%). It said the agricultural value added crept up 27.8% in this period.
Last modification
11/05/2009 12:04 PM.
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