The High Commission for Planning (HCP) will revise its growth forecasts downwards from 3.5% to 2.2 or 2.3% for 2020. The Covid-19 health crisis and low rainfall will have a significant impact on the Moroccan economy.
In such circumstances, the Moroccan economy will face the prospect of its worst growth rate in two decades. In a statement to the American agency Bloomberg, Ahmed Lahlimi, head of the HCP, said: “The skies have not been very kind this year. The impact of the Coronavirus is set to be severe for tourism in particular, a vital sector for the Moroccan economy.”