ECONOMY of MOROCCO


Morocco's economy has become more diversified under the 1983 structural adjustment program which reoriented the Moroccan economy toward the private sector and created a more favorable climate for foreign investment. Moroccan money

Currency


PRODUCTION

Industry

Energy

Mining

Agriculture


EXPORTS

Exports more than doubled from approximately US $2 billion in 1990 to over US $4 billion in 1991. As a result of the 1983 structural adjustment program, almost 50 of Morocco's exports are consumer and semi-manufactured goods with a significant reduction of mineral and agricultural products.


TOURISM

This sector is considered to be one of the most dynamic sectors in Morocco's social and economic activity. The development of tourism in Morocco is linked to several factors: scenic variety, mild climate, the hospitality of its people and the numerous historic sites and monuments in the Imperial Cities (Rabat, Meknes, Fes and Marrakesh).


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