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Investing.com -- Morocco’s economic growth is expected to slow to 4% in 2026, down from the 4.4% projected for 2025, according to the country’s official statistics agency HCP.
The agency released its forecast on Tuesday, attributing the slowdown to global trade uncertainties and fragmentation of international trade that would limit the recovery of foreign demand for Moroccan goods.
HCP based its projections on assumptions of an average wheat harvest and decreased foreign demand for Moroccan exports.
The current account deficit is expected to widen to 1.9% of gross domestic product in 2026, up from 1.8% in 2025, as domestic demand continues to drive imports.
Despite the economic slowdown, the fiscal deficit is forecast to narrow to 3.4% of GDP in 2026 from 3.6% in 2025, with higher tax revenue helping to offset increased government spending.
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