Speaking at the Euro-Mediterranean Finance Ministers meeting (ECOFIN) and the 10th ministerial meeting of the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), Mezouar said that despite the current international context marked by the economic and financial crisis, which has caused the decline in global demand, the Moroccan economy posted a growth rate of 5.2% in 2009, compared to 5.6% in 2008.
    This performance, the minister said, was achieved in a sound macroeconomic framework with an inflation rate of 1% and fiscal deficit of 2.2 %, thanks to the effectiveness of the measures taken by the government, mainly through providing support for domestic demand and areas affected by the crisis.
    Mezouar also said that Morocco has launched in the recent years mega structural projects and elaborated sectoral policies to provide visibility to economic operators and strengthen their regional position.
   “These actions have enabled our country to reach a new level of growth, improve social indicators, boost domestic investment and attract more foreign investment,” he said.
    The minister added that “Morocco, which is endeavoring to bolster its relations with the EU, remains more committed than ever to achieve the Maghreb integration.”