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Agriculture

Morocco: agricultural output rises 12.9% in Q1 2017

Wednesday, 05 April 2017 15:37

(Ecofin Agency) - In Q1 2017, Morocco’s agricultural output soared by 12.9% against 9% the year before. The performance pushed the country’s economy up 4.3% over the period considered, compared to 1.7% in 2016, Reuters reports.

The increase in agricultural output which was driven by abundant rainfall at the beginning of the season marks a dynamic growth of the sector which suffered last year a severe drought. Indeed, the weather caused the nation’s agricultural output to slump by 70%.

Among the specific sub-sectors responsible for the positive performance, first comes grains. According to Reuters, the sub-sector should record a growth of 41% of its output, still due to good weather.

Let’s highlight that agriculture contributes more than 15% of Morocco’s gross domestic product (GDP).

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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