
Morocco : IMF projects growth of 3.9% in 2025 and 3.7% in 2026
In an update to its «World Economic Outlook», the financial institution forecasts an inflation rate of 2.2% in 2025 and 2.3% the following year.
According to these projections, made public during the IMF and World Bank Spring Meetings held in Washington from April 21 to 26, the unemployment rate, which reached 13.3% in 2024, is expected to slow down to 13.2% this year before dropping to 12.9% in 2026.
The IMF further anticipates that Morocco's current account balance will be -2.0% in 2025, then -2.2% the following year.
As for the Middle East and North Africa region, growth, which stood at 1.8% in 2024, is expected to rise to 2.6% in 2025 before increasing to 3.4% the following year.
These forecasts represent a downward revision of the Fund's estimates for this region published last October. Initially, they ranged from 2.1% in 2024 to 4.0% in 2025.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Morocco World
17-07-2025
- Morocco World
Morocco Proposes Bold Framework for Climate Finance Reform in Africa
Rabat – At the 20th African Ministerial Conference on the Environment (AMCEN-20) in Nairobi, Morocco stepped forward with a pragmatic vision to help African countries unlock climate finance and build stronger, greener economies. Leila Benali, Minister of Energy Transition spoke during the opening ministerial session on Wednesday, outlining a three-part approach rooted in governance, innovation, and fairness. She addressed one of the continent's most persistent challenges: access to climate finance. 'We cannot address Africa's climate needs without financial systems that place sustainability at their core,' Benali told the high-level gathering. She explained that Morocco's vision rests on integrating climate finance into national planning, tightening coordination across institutions, and pushing for a shift in the global financial order. The country has already put forward a national strategy for climate finance. It serves as both a roadmap and a commitment, aiming to align public spending with green goals and bring private investment into sustainable sectors. Benali said this strategy builds on Morocco's broader ambitions under its sustainable development and low-carbon plans. But finance alone, she argued, cannot succeed without strong institutions. The second axis of Morocco's vision calls for better coordination between environment and finance ministries. Morocco has created a national commission on climate change and biodiversity, including a working group focused specifically on climate finance. The Ministry of Finance has also started factoring climate risks into its annual debt analysis. Benali called other financial tools such as debt-for-climate swaps, green bonds, and carbon markets underdeveloped alternatives for the continent. Morocco, with the advantage of growing financial complexity and regulatory roots, can be a regional portal to connect African economies with international capital, particularly between European and Atlantic markets. The third proposal item was the global playing field. The international finance architecture is not yet level for the Global South countries, Benali believes. She recalled the 2023 IMF and World Bank annual meetings in Marrakech as a turning point, where momentum mounted to overhaul global finance for the benefit of Africa. In Nairobi, and in the presence of Kenyan President William Ruto, Benali reaffirmed Morocco's readiness to collaborate across the continent. 'We stand with African countries for a future that is resilient, self-determined, and fair,' she said. As part of this effort, Morocco plans to launch an African task force on green and sustainable finance. The goal is to create an inclusive and practical framework that serves African needs and strengthens the region's ability to meet its environmental and climate objectives. Tags: Africa climateclimate financeMoroccosustainability


Morocco World
14-07-2025
- Morocco World
E-Visa Platform Draws Half a Million Applicants, Reinforces Morocco's Global Reach
Nearly half a million people have turned to Morocco's e-visa platform over the past three years, a figure that shows the rising interest in the country and the growing impact of its digital shift in consular services. The platform processed 187,895 applications in its third year alone. The increase compared to the previous year signals that the system has reached a new level of maturity and that more travelers are choosing it as a reliable and efficient entry point to Morocco. Tourism accounts for the overwhelming majority of applications. About 94.1% of e-visas were granted for tourism purposes, confirming the platform's importance in supporting Morocco's appeal as a travel destination. About 5.9 percent of e-visas went to business travelers, showing how the platform also supports Morocco's economic ties and growing network of international partnerships. Open to 118 nationalities, the service offers two formats. The standard visa is processed within 72 hours, while the express version delivers approval in just 24. For many travelers, this efficiency has turned what was once a complex procedure into something simple and accessible. The e-visa has also proven its value during major international events held in Morocco. When the country hosted the 2023 Annual Meetings of the International Monetary Fund and the World Bank in Marrakech, people from 109 countries used the platform. The GITEX Africa Morocco editions followed suit, welcoming participants from 118 nationalities in 2024 and 117 in 2025. Its growing success now feeds into Morocco's preparation as a co-host of the 2030 FIFA World Cup. With a system that eases entry and opens the door to more visitors, Morocco strengthens its ability to receive fans and delegates from around the world and rise to the scale of the event. Tags: E-visae-visa platformMorococVisa


Ya Biladi
14-07-2025
- Ya Biladi
Morocco's e-visa attracts nearly Half a million applications from 118 nationalities in three years
Three years after its launch, Morocco's electronic visa (e-visa) system has proven to be an effective tool in supporting the country's growing tourism sector and international engagement, according to a recent report. The data show that out of nearly half a million applications processed since the system's rollout, 94.1% were tourism-related, confirming the e-visa's role in making Morocco more accessible to travelers. Business visas accounted for the remaining 5.9%, underscoring the system's additional value in facilitating diplomatic and economic exchanges. The third year of implementation marked a significant milestone, with 187,895 applications submitted, reflecting a sharp rise in demand compared to the previous year. According to the report, this increase demonstrates both a «maturation of the system» and growing user confidence, aided by Morocco's deliberate expansion of access to the e-visa, now available to citizens of 118 nationalities. In addition to streamlining the visa process for travelers, the e-visa system has proven highly efficient, offering a 72-hour turnaround for standard applications and 24 hours for express requests. These fast processing times have made the system a crucial asset for Morocco's ability to host major international events. Speed as a Catalyst for Global Mobility The benefits of the e-visa have been particularly evident during large-scale international gatherings. During the 2023 Annual Meetings of the IMF and World Bank in Marrakech, travelers from 109 nationalities entered Morocco using the system. At the GITEX Africa Morocco forums held in 2024 and 2025, the number of participating nationalities reached 118 and 117, respectively. With Morocco set to host major upcoming events like the Africa Cup of Nations (CAN 2025) and the 2030 FIFA World Cup (in partnership with Spain and Portugal), the e-visa continues to serve as a vital enabler of seamless travel and logistics. At the regional level, the e-visa has also contributed to strengthening intra-African mobility, according to repeated statements from the Ministry of Foreign Affairs, African Cooperation, and Moroccans Living Abroad. A notable example is the evolving partnership between Morocco and Ghana, where the e-visa is already in use. The ultimate objective is to move toward full visa exemption between the two countries, further easing academic, business, and cultural exchanges. Overall, the data confirm the strategic relevance of the e-visa, described as both a modernization tool for consular services and a mechanism for enhancing tourism appeal. It is increasingly seen as a lever for positioning Morocco as a welcoming destination for travelers, investors, and international institutions alike.