Eco­nomic Re­cov­ery

ChinAfrica - - News Roundup -

Morocco’s econ­omy grew by 4.3 per­cent in the first quar­ter of this year com­pared with 1.7 per­cent in the same pe­riod a year ear­lier, ac­cord­ing to the High Com­mis­sion for Plan­ning on April 6. The com­mis­sion said in a note on the coun­try’s eco­nomic de­vel­op­ment that this growth was mainly due to the rise in agri­cul­tural out­put by 12.9 per­cent in the first quar­ter this year, up from 9 per­cent last year.

Apart from the agri­cul­ture sec­tor, which ac­counts for more than 15 per­cent of the coun­try’s econ­omy, the non-agri­cul­tural sec­tor grew 3 per­cent in the first quar­ter from a year ago, the com­mis­sion added. The Moroc­can econ­omy has been hit hard by a drought in au­tumn of 2015, which com­pro­mised the 2016 agri­cul­ture pro­duc­tion.

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