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Morocco economy likely grew 5 pct in 2011

Reuters, Monday 13 Feb 2012
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Morocco likely posted five per cent growth in gross domestic product in 2011, Finance Minister Nizar Baraka said in a news briefing on Monday.

Morocco's central bank had cut its 2011 growth estimate to 4-5 per cent from 4.5-5.5 per cent due in large part to the slowdown in the European Union, a key trading partner.

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