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Morocco Central Bank Reviews Country’s Output for Economic Growth

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Bank Al-Maghrib reports a decline in Morocco's production in Q1 2023 with most sectors recording a decrease, except for the chemical and para-chemical industry which showed a 73% increase in activities. Despite the challenges, there is hope for recovery in the coming months with industry leaders optimistic about an upswing. Efforts by public and private sectors in diversifying the economy and supporting industries will be necessary to achieve growth and sustainable development.

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