Morocco
Morocco's defence capabilities will grow
Rabat has allocated significant budgetary expenditure to enhance its military and defence sector
MoroccoIrregular migration to the EU will rise significantly
Migrant arrivals to Europe via the Mediterranean this year are expected to be over 50% higher compared to 2022
EuropeIMF deal spells confidence in Morocco's economy
The IMF approved a two-year USD5bn, credit line for Morocco
MoroccoTourism sector will boost Morocco's fiscal position
Tourism flows are increasing, as Morocco registers a budgetary surplus
MoroccoMoroccan-US defence relations will grow
The United States is approving new arms sales to Morocco, which is strongly opposed to Syrian normalisation
MoroccoThe Moroccan government will try to contain inflation
The government took measures to exempt products from value-added tax
MoroccoMiddle East and North Africa face rising tax issues
Personal income tax take by regional governments is very weak due in part to the size of the informal economy
Middle EastIMF agreement will boost Morocco’s economy
Morocco will have access to the IMF's Flexible Credit Line, helping the country buffer against external shocks
Morocco
