Morocco pursues growth.

Position:World Bank report on Moroccan economy - Brief Article

On August 12, 2005, The Daily Star (Beirut) carried an Agence France-Presse (AFP) dispatch with details about a World Bank report on the Moroccan economy. The report focuses on the coming five years, 2005 through 2009, and reviews the economy's strengths as well as the challenges the Bank sees ahead.

The World Bank is specifically worried about a social crisis in the country arising out of reduced job opportunities and other social problems associated with the lack of growth. The Bank thinks that poverty is an issue the Morrocan government needs to address, as well as the sense of alienation Moroccan citizens feel in relation to their country.

The World Bank said that Morocco's growth rate for the past decade, at an average of about 3.5 percent a year, and the 4.5 average annual rate of growth since 2001 was, in the language of diplomacy, "promising", there is more that needs to be done. For 2005, the World Bank is expecting that GDP growth will...

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