Articles > Business magazines > International magazines > African Business articles > April 1994

Article: Economy recovers as rain continues to fall.

Article from:
African Business
Article date:
April 1, 1994
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The Moroccan economy took several small steps towards recovering from the negative effects of an extended drought, and many are estimating significant growth in 1994.

Energy shortages, however, still exist, and Morocco's electric utility took several steps to improve the situation. Several development-related loans were made, and the government announced plans to study a comprehensive health-insurance programme.

Thailand has announced plans to open an Embassy in Rabat as a result of increased investment interest. 

 
MOROCCAN TOURIST ARRIVALS 
 
1993   1992  % change 
 
European   1,108,494...

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