Morocco’s economic growth is expected to slow to 2.9 % in 2019 from a forecast 3.1% in 2018, according to government forecasts. The forecast by the country’s planning agency is in line with a number of other forecasters including the International Monetary Fund, and ratings agencies. That forecast slowdown for the Moroccan economy appears to be underway. Annual GDP growth slowed to 2.9% in the first quarter of 2018, down from 3.5% in the previous three months and 3.8% a year earlier. Even that growth was achieved in the face of a sharp decline in agricultural output, which accounts for more than 15% of the country’s economy, from 13% to -0.5%. The decline in agricultural production underpins the negative forecasts. A lack of rainfall is set to cause farming output to fall by 1.3% in 2018 after a 13.6% gain in 2017 when weather conditions were more favourable. Moody’s, the ratings agency, expects Morocco’s real GDP growth to decelerate to 3.2% from 4.0% in 2017, partially offset by a further acceleration in non-agricultural growth to 3.0% from 2.7% in 2017. How- ever the International Monetary Fund used its biannual world economic outlook in April 2018 to nudge its outlook for 2018 growth to 3.1% from the 3.0% it forecast in October 2017. It does still expect growth to accelerate gradually over the medium term, subject to improved external condi- tions and steadfast reform implementation.