Oxford Business Group Gulf Invest
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Oxford Business Group Gulf Invest

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Oxford Business Group Gulf Invest Oxford Business Group Gulf Invest Presentation Transcript

  • LE MAROC: A L’ABRI DE LA CRISE19 November2009Skhirat, MoroccoPresentation Title Date Oxford Business Group T H E I N S I D E EDGE
  • THE REPORT:MOROCCO 2009Presentation Title Date Oxford Business Group T H E I N S I D E EDGE
  • A Story in NumbersC o n t in u e d g r o w t h in a t im e o f f in a n c ia l c r is is( R e a l G D P : 5 .7 % 2 0 0 9 )C o n t in u in g d iv e r s if ic a t io n ( S e r v ic e s g r o w in g t oo ve r 5 0 % o f G D P )N o m in a l o u t p u t o f D h 6 8 9 b n r a n k s M o r o c c o 9 th int h e A r a b w o r ldR e d u c e d u n e m p lo y m e n t ( 8 % in Q 2 2 0 0 9 , d o w nf r o m 9 % in Q 2 2 0 0 8 )E x p o r t s s lo w e d b u t f a llin g im p o r t s n a r r o w e dd e f ic it ( 3 5 % d r o p in e x p o r t s , 2 3 % d r o p inMMMMMMMMMim p o r t s )Presentation Title Date Oxford Business Group T H E I N S I D E EDGE
  • Not Quite PerfectT h e c r is is h a s s h r u n k a c t iv it y in t h e E U ,M o r o c c o ’ s la r g e s t t r a d in g p a r t n e rT h e K in g d o m ’ s b u d g e t d e f ic it in c r e a s e d t o 2 . 7 %D e b t a ls o g r e w t o 5 6 . 8 % o f G D PR e m it t a n c e s , t h e s e c o n d la r g e s t f o r e ig nc u r r e n c y e a r n e r , c o n t in u e t o d r o pF o r e ig n in v e s t m e n t h a s f a lle n f r o m 2 0 0 8T h e e c o n o m y ’ s p r im a r y s e c t o r s , in c lu d in gMMMMMMMMMa g r ic u lt u r e a n d f is h e r ie s , a r e c y c lic a lPresentation Title Date Oxford Business Group T H E I N S I D E EDGE
  • Silver LiningM o r o c c o h a s b e c o m e s m o r e c o m p e t it iv e a sb u s in e s s e s lo o k t o o u t s o u r c e o r o f f s h o r eN o n e e d f o r s t im u lu s b u t s t r e a m lin e d f is c a l a n dt a x le g is la t io n h a v e h e lp e d s p u r g r o w t hA n u m b e r o f m a jo r d e v e lo p m e n t s t r a t e g ie sh ig h lig h t in v e s t m e n t p r io r it ie sN e w in f r a s t r u c t u r e p r o je c t s u n d e r s c o r et r a n s s h ip m e n t o p p o r t u n it ie s t o w a r d s b o t hE u r o p e a n d A f r ic aIm p r o v in g b u s in e s s e n v ir o n m e n tMMMMMMMMMPresentation Title Date Oxford Business Group T H E I N S I D E EDGE
  • A final tallyPresentation Title Date Oxford Business Group T H E I N S I D E EDGE