{"id":624529,"date":"2026-10-08T16:48:13","date_gmt":"2026-10-08T16:48:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/624529\/"},"modified":"2026-10-08T16:48:13","modified_gmt":"2026-10-08T16:48:13","slug":"morocco-is-on-track-to-outperform-its-peers-from-africa-to-the-middle-east-despite-conflicts-in-the-region","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/624529\/","title":{"rendered":"Morocco is on track to outperform its peers from Africa to the Middle East despite conflicts in the region"},"content":{"rendered":"


\n The global lender revealed that this growth is a result of the North African country\u2019s booming agriculture, tourism<\/a>, and public investment sectors. \n <\/p>\n


\n Morocco\u2019s projected economic growth index is well above the broader regional outlook. \n <\/p>\n


\n The wider MENAAP economy, by contrast, is projected to shrink by 2.1% this year after expanding 3.3% in 2025. \n <\/p>\n


\n Gulf Cooperation Council economies are expected to move by 4.3%, as conflict disrupts energy supplies and trade routes, including traffic through the Strait of Hormuz. \n <\/p>\n


\n Improved rainfall has helped agriculture, while government spending, tourism and exports have continued to support economic activity. \n <\/p>\n


\n That momentum is expected to weaken somewhat as the impact of last year\u2019s stronger agricultural output fades. Higher energy costs could also put pressure on household and business spending. \n <\/p>\n


\n Inflation is projected to rise modestly to 1.2% this year and 1.8% in 2027, from 0.8% in 2025, as reported by MoroccoWorldNews<\/a>. \n <\/p>\n


\n The country\u2019s fiscal deficit is expected to remain at 3.5% of GDP in 2026 before edging down to 3.3% next year. \n <\/p>\n


\n Its current account deficit, however, is projected to widen from 2.1% of GDP last year to 3.6% this year, before narrowing to 2.4% in 2027. \n <\/p>\n


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\n World Bank\u2019s assessment of Morocco after the rebound
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\n \n <\/p>\n


\n The World Bank’s evaluation extends beyond Morocco’s immediate economic performance, focusing on how artificial intelligence might transform the region’s economy. \n <\/p>\n


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\n \"World <\/p>\n


\n If unrest in the region subsides, the economy might rise substantially in 2027. \n <\/p>\n


\n Excluding Iran, the MENAAP economy might grow by 7.8%, aided by the restoration of oil and gas production, the reopening of trade channels, and the unusually weak performance during the crisis. \n <\/p>\n


\n However, the bank cautioned that a quick rebound should not be mistaken for a sustained increase in economic productivity. \n <\/p>\n


\n Much of the first development would simply be the resumption of economic activities lost during the conflict. \n <\/p>\n


\n The harder goal will be to build more productive economies that are better poised for future shocks. \n <\/p>\n


\n Furthermore, the World Bank\u2019s report shows that AI might be a part of that transformation. \n <\/p>\n


\n The global lender expects artificial intelligence to boost productivity in MENAAP more than it would diminish jobs through automation. \n <\/p>\n


\n Less than 10% of jobs are regarded as very vulnerable to near-term automation, although between 13% and 20% might benefit significantly from AI technologies that assist humans in doing their duties. \n <\/p>\n","protected":false},"excerpt":{"rendered":" The global lender revealed that this growth is a result of the North African country\u2019s booming agriculture,…\n","protected":false},"author":2,"featured_media":624530,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-624529","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/624529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=624529"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/624529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/624530"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=624529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=624529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=624529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}