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Maroc Maroc - Kuensel - Global - 10/Aug 09:45

Positive economic outlook for fiscal year 2023-24

The country’s current account deficit (CAD) is estimated to improve by 37.14 percent or Nu 30.16 billion in the fiscal year 2023-24 compared to the previous fiscal year, according to the finance ministry’s third quarter macro-economic performance and outlook report. The CAD is estimated to improve from Nu 81.2 billion in fiscal year 2022-23 to Nu 51.04 billion in fiscal year 2023-24.

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