Analysis > Markets

Morocco: Quiet progress in an uneasy region

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The news out of the Maghreb region has not been particularly encouraging recently: Tunisia’s economy seemingly suffered a major body blow with the terrorist attack on tourists on June 26, while the decline in oil prices over the past year has had a major impact on Algeria’s public finances. Meanwhile, events in Morocco have been relatively low-key, but the economy appears to be entering a phase of faster economic growth.