Monday 13 February 2012

Morocco economy likely grew 5 pct in 2011: fin min | Reuters

Morocco likely posted five percent growth in gross domestic product in 2011, Finance Minister Nizar Baraka said in a news briefing on Monday.

Morocco's central bank had cut its 2011 growth estimate to 4-5 percent from 4.5-5.5 percent due in large part to the slowdown in the European Union, a key trading partner.

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