VOL. XLV
No 36
9-September-2002
MOROCCO
MoroccanTradeDeficitFalls
The Moroccan trade deficit has narrowed25.3% year-on-year in the first half of 2002 to $1.7bn, according to JP Morgan,as a result of an 11.5% increase in exports and a 2.5% reduction in importsagainst the first half of 2001. Rising exports of foodstuffs, semi-processedproducts and equipment products, and falling imports of energy and consumerproduct were behind the shift in Moroccos tradefigures. Foreign exchange reserves increased...
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