July 10, 2018 / 2:24 PM / 5 months ago

Morocco budget deficit seen 3.9 pct/GDP in 2018, 3.6 pct in 2019

CASABLANCA, Morocco, July 10 (Reuters) - Morocco’s budget deficit is forecast to reach 3.9 percent of gross domestic product this year, and 3.6 percent of GDP in 2019, the head of the country’s planning agency said on Tuesday.

Inflation is expected to hit 1.7 percent in 2018, dipping to 1.3 percent in 2019, planning commission head Ahmed Lahlimi told reporters. (Reporting by Ahmed Eljechtimi Writing by Aidan Lewis Editing by Robin Pomeroy)

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