The World Bank says in its January 2021 Global Economic Prospects, That Morocco's economy is expected to grow 4.0% in 2021.
"Morocco is expected to rebound to 4.0% in 2021 as the country's agricultural output recovers from drought and the government ease domestic lockdowns," the World Bank report says.
The report also says that the country's GDP is expected to expand by 3.7% in 2022. Adding that the economic activity in Morocco and in the MENA region is contingent on containment of the pandemic, stabilizing oil prices, no further escalation of geopolitical tensions, and the assumption of a vaccine rollout in the second half of the year.
In this context, Morocco prepares for a national campaign to vaccinate 25 million people during the next months. However, the health minister, Khalid Ait Taleb, has said lately that Morocco has not received any vaccine doses yet.
Morocco has permitted the use of AstraZeneca vaccine alongside the Chinese Sinofarm company's vaccine, but there is no specific appointment for the beginning of the national vaccine campaign inside the country.
Morocco's officials believe that vaccination is the key to the beginning of economic recovery.
