In a complex global economic context, the Organization for Economic Cooperation and Development (OECD) plays a central role in developing forecasts and analyzes for Morocco. At the heart of this collaboration, the Moroccan economic office brings its expertise and actively contributes to the work of the organization. Ahmed Khalid Benomar, a keen expert on the Kingdom’s economic relations with this institution and OECD project manager at the Ministry of the Economy and Finance, discusses in this interview the main elements of this analysis and the prospects for the Kingdom.
Ahmed Khalid Benomar: For the year 2023, economic growth forecasts in Morocco stood at 3.2%, and for the year 2024, they are 3.5%. Regarding inflation, the consumer price index for 2024 is expected to be around 2.3%, with a slight decline to 2% forecast for 2025. In February 2024, the note highlighted an improvement in business confidence, with an industrial capacity utilization rate between 71 and 79%, and a 6.1% increase in industrial exports on an annual basis.
