Morocco Economic Monitor, July 2020

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dc.creatorWorld Bank
dc.date2020-07-15T16:53:42Z
dc.date2020-07-15T16:53:42Z
dc.date2020-07
dc.date.accessioned2026-07-01T00:39:17Z
dc.descriptionThis report presents the current outlook for Morocco given the recent Coronavirus 2019 (COVID-19) developments. The COVID-19 shock is, however, abruptly pushing the economy into a severe recession, the first one since 1995. The labor market is facing a shock of historical proportion, with vulnerable workers, including those in the informal sector being particularly affected. The government’s response to date has been swift and decisive. The proactive response has enabled the country to avoid a massive outbreak, thus saving lives. The post-pandemic economic recovery is projected - with unusually large uncertainty - to be a protracted one, with growth only returning to the pre-pandemic trend by 2022. Faced with the risk of a protracted pandemic, moving from mitigation to an adaptation phase is key to ensuring a resilient, inclusive, and growing Moroccan economy. Despite potential volatility in the economic recovery phase, Morocco has an opportunity to build a more sustainable and resilient economy by developing a strategy to adapt, similar to its approach to the environment front.
dc.descriptionAu cours des deux dernières décennies, le Maroc a réalisé des progrès sociaux et économiques significatifs en raison d’investissements publics importants, de réformes structurelles et de mesures visant à assurer la stabilité macroéconomique. Le choc du COVID-19 pousse brusquement l’économie marocaine dans une grave récession, la première depuis 1995. Le marché du travail fait face à un choc de proportions historiques, les travailleurs vulnérables, notamment ceux du secteur informel, étant particulièrement touchés.
dc.formatapplication/pdf
dc.formatapplication/pdf
dc.identifierhttp://documents.worldbank.org/curated/en/278731594708906277/Morocco-Economic-Monitor
dc.identifierhttps://hdl.handle.net/10986/34113
dc.identifier10.1596/34113
dc.identifier.urihttp://hdl.handle.net/123456789/408408
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectECONOMIC GROWTH
dc.subjectINFLATION
dc.subjectLABOR MARKET
dc.subjectEMPLOYMENT
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FINANCE
dc.subjectEXTERNAL SECTOR
dc.subjectFISCAL TRENDS
dc.subjectMONETARY POLICY
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.titleMorocco Economic Monitor, July 2020
dc.titleRapport de Suivi de La Situation Économique au Maroc, Juillet 2020
dc.typeReport
dc.typeRapport
dc.typeInforme

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