According to Morocco’s finance ministry, inflation is projected to drop due to monetary tightening that doubled interest rates. Predicted rates are 5.6% in 2023 and 3.4% in 2024. Despite heavy spending against inflation and drought, Morocco’s economy is resilient, attracting global market confidence and allowing low-cost financing. Economic growth is expected at 3.4% in 2023, a rise from 1.3% in 2022, aiming for a 4% deficit and a 71.2% debt-to-GDP ratio in 2024.