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Morocco's economy grew at a positive pace of 4.5% in 2013 on the back of strong agricultural performance and a bumper cereal crop. This was an improvement from its performance in 2012, which was a difficult year in terms of growth. The main difficulty for Morocco continues to be the difficult regional situation, politically and economically. Issues that need to be addressed include the public sector wage bill, which currently is 13% of GDP and has increased by over 40% over the last six years, the subsidy system which is around 6% of GDP and benefits the richer sections of society. 2013 was positive because it saw many economic improvements: inflation was contained, the subsidy bill decreased by 2% of GDP, mechanisms to reduce fiscal risks were introduced, measures to address the public sector pension fund were adopted, current account deficit was reduced and international reserves were stabilized as a result of sustained foreign investment and access to bond markets at favorable terms. If Morocco experiences no major disruptions its economy is expected to grow in 2014 at a rate of 4% or more.

Morocco's mining sector is the largest exporter and third largest producer of unrefined phosphate globally. Morocco also operates mines of baryta, lead, manganese, cobalt, copper, iron and other minerals. Morocco, however, lacks significant oil, gas and coal deposits. Manufacturing employs about 20% of the labor force with food, textiles and leather and construction making up about 31% of GDP. Morocco is also attempting to develop aeronautics and automobile industries. Morocco's agriculture sector comprises about 13% of GDP producing cereals, vegetables, fruit and sugar cane. Morocco produces tree fruit and livestock. Morocco's transportation and logistics sector is well developed with extensive roads and railways, well-equipped airports in nine cities and six seaports. More than nine million tourists a year travel to Morocco, contributing more than 7% of GDP.

Morocco's overall doing business ranking (53 out of 189 economies) improved by 14 places. The main reasons for Morocco's improvement are due to its reduction in company registration fees and streamlining of property transfer and deed registration at the tax authority. Morocco's most improved indices in 2013 were starting a business (39), getting credit (109), and protecting investors (115). Morocco also gets high marks for resolving insolvency (69) and trading across borders (37). Its worst performing indicators include registering property (156), getting electricity (97) and, though the country showed improvement, protecting investors.

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