Central Bank: Morocco’s Growth Rate to Reach 4.5 pc in 2015

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Morocco’s growth rate is expected to reach 4.5 pc this year, according to the kingdom’s central bank forecasts.

For 2016, growth rate will reach 2.1 pc, the central bank said this Tuesday in a release, following its board’s quarterly meeting held in Rabat.

Inflation rate is expected to reach 1.6 pc in 2015 and 1.2 pc in 2016, the source added.

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