Thursday 19 January 2012

Moroccan gov't targets 5.5 pct annual GDP growth | Reuters

Morocco's new government aims to raise economic growth to an average 5.5 percent per year over its 2012-2016 mandate period, Prime Minister Abdelilah Benkirane said on Thursday.

Outlining his government's program before parliament, Benkirane also said he targets an annual inflation rate of 2 percent until end-2016.

GDP growth stood at 4.5 percent in 2010 and is expected to stand at between 4 and 5 percent in 2011.

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