The Moroccan economy is expected to accelerate by just 3.2% this year. The forecast is from the World Bank in its World Economic Outlook report. The Bretton Woods institution indicates that this level of performance is the result of a slowdown in agricultural production. For 2023, the World Organization expects growth of 3.5%. It thus confirms its forecasts published in October 2021. According to the Institution, with less than two-fifths of the population fully vaccinated in the MENA region (and mainly concentrated in high-income countries), the economic disruptions linked to the pandemic remain a problem. major risk. Fluctuations in oil prices might thus weaken activity in the region, causing losers and winners for oil importers and exporters, as the case may be. Underinvestment in the sector might prevent exporting countries from benefiting from high oil prices. Likewise, the rapid spread of the Omicron variant might dampen global demand and lead to lower oil prices.
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