Morocco – Mubasher: The Moroccan economy is expected to grow by 3% in 2016, Moroccan News Agency cited a report by Oxford Business as saying.
The projected economic growth is based on a number of structural reforms and strategic projects targeting various sectors.
Still, the cut of subsidy budget and reduction in energy product imports are main factors behind the expected decrease in budget deficit to 3.5% of GDP in 2016 against 4.3% in 2015.
