Morocco’s central bank has maintained its benchmark interest rate at 2.25% for the third consecutive meeting, citing easing inflation and global economic uncertainty.
The bank expects inflation to average 0.8% this year, driven by lower food and fuel prices, before rising to 1.3% in 2026 and 1.9% in 2027.
The economy is projected to grow by 5% this year, fueled by investments, and slow to 4.5% in 2026 and 2027.
The current account deficit is expected to shrink to 1.8% of GDP this year and remain below 2% in 2026 and 2027, supported by increased exports and tourism revenue.
