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Morocco: 16% increase in tourist arrivals despite the economic crisis
Tuesday, 24 August 2010 15:21
Morocco: 16%  increase in tourist arrivals despite the economic crisis
Morocco (Rabat) - The tourism sector is robust despite the economic slump thanks to measures taken by the Moroccan government to address the world financial crisis, Tourism Minister Yassir Zenagui said.

"The different measures taken by the government allowed us to keep the business on the right track," Zenagui told US TV channel CNN.

He noted that tourist arrivals rose by 16% during the first quarter of 2010 versus a year before.

He added that these results are the upshot of the reforms put in place by the north African country to raise the quality of the Moroccan product.

The Minister stressed that the Moroccan financial system was not affected by the crisis and the banks did not have any exposure to subprime markets.         

"Morocco had a 6% growth in a difficult time, while most countries of the region had a negative progression," he said.
(MAP)

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