Morocco to Go Further into Debt in 2019 as Growth Rate Slows
Rabat, Jan. 18 -- According to the High Commissioner for Planning (HCP) Ahmed Lahlimi Alami, Morocco's economy will be weighed down by debt in 2019.
Lahlimi said that the overall public debt of the economy will increase to 82.5 percent of GDP, slightly up from 82.2 percent in 2018.
According to Lahlimi, "Debt is becoming heavier and we must try to increase national savings through good support and a good distribution of household income, support for the activities of SMES (small business and medium-sized enterprises)."
Read Also: Morocco's Public External Debt Reached More than MAD 332 Billion in 2017
He added that the situation also requires the further mobilization of both Moroccan capital, administration, consumers, civil society, ...
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