1. MOROCCO: Forecasts Revised Downwards.
- Subjects
ECONOMIC forecasting ,ECONOMIC development ,JOB creation ,ECONOMIC history - Abstract
The article reports that the Moroccan government had revised its growth forecast for 2012 to 4.2 percent on February 2, 2012, which is short of the target set by new Prime Minister Abdelilah Benkirane. It says that the plan aimed to keep inflation at around 2 percent while creating jobs to reduce unemployment to 8 percent. According to finance minister Nizar Baraka, the revised growth rate is the result of the slowdown among partner countries and the international economic situation.
- Published
- 2012
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