06/08/2020
Covid-19: 1,144 New Confirmed Cases, 559 Recoveries in 24 Hours (Ministry)
06/08/2020
Government Council Approves Draft Decree-law on State of Health Emergency and Procedures for Its Declaration
06/08/2020
Covid-19: State of Health Emergency Extended Until 10 September 2020 (Government Council)
Domestic Demand Down By 6% in 2020 (HCP)
07/06/2021
Casablanca - Domestic demand decreased by 6% in 2020, compared to a 1.7% increase a year before, with a negative contribution to growth of 6.5 points, according to the High Commission for Planning (HCP).

Final consumption expenditure also posted a drop of 4.1%, versus an increase of 1.9% in 2019, with a negative contribution to growth of 2.3 points instead of a positive contribution of 1.1 point, the HCP said in a note on the national economic situation in 2020.

Gross investment (GFCF and stock movements) underwent a sharp decline in its growth rate, moving from -0.4% in 2019 to -14.2% in 2020, with a contribution to growth of -4.6 points instead of -0.1.

For its part, the final consumption of public administrations posted a growth rate of 1.7% in 2020, compared to 4.7% one year before, with a contribution to growth of 0.3 compared to 0.9. Concerning foreign exchange of goods and services in volume, both exports and imports experienced sharp drops in 2020, according to HCP.