Rabat - The national accounts for the second quarter of 2024 show a slowdown in the growth of the national economy to 2.4%, compared with 2.5% in the same quarter of 2023, according to the High Commission for Planning (HCP).Driven by domestic demand, this growth was achieved against a backdrop of controlled inflation and a financing requirement for the national economy representing 1.1% of GDP, notes the HCP in a report on the national economic situation in the second quarter of 2024.Non-agricultural activities recorded an increase of 3.2%, while agricultural activities fell by 4.5%, says the HCP.GDP rose by 2.4% in terms of volume, compared with 2.5% in the second quarter of the previous year.At current prices, GDP rose by 3.6%, with the general price level increasing by 1.2%, compared with 7.3% in the second quarter of the previous year.Source: Agence Marocaine De Presse
Related Articles
30 farmers with disability receive farm inputs under PFJ
Thirty farmers with disability in the Asokore Mampong Municipality of the Ashanti Region have received farm inputs under the Planting for Food and Job (PFJ) initiative to bolster their agricultural endeavours.
The beneficiaries were selected after ap…
Dr Bawumia advocates broad-based road tolling system in Ghana
Vice President Mahamudu Bawumia has called for a broad-based approach in the country’s road tolling system to generate sufficient revenue to finance road infrastructural development.
He said there was inequity in the existing road tolling system whic…
Government will digitise local taxi business soon-Bawumia assures GPRTU
Vice President Mahamudu Bawumia and the Flagbearer of the New Patriotic Party, says the Government will launch the ‘Tap n Go’ system for commercial taxi drivers in the country on August 12, this year.
This is to enable commercial taxi drivers to digi…