Thursday, 4 March 2010

average growth rate in Morocco is 5%




Ministers seek greater private-sector role in AFTA
The government is "incapable of settling the disputes," said Daoudi, who is an economist. He blamed the strike on "the erosion of people's purchasing power against a background of increases in the cost of living and the stagnation of salaries".
An annual pay raise of 1-2% tied to national economy's growth rate could break the deadlock, he said."The average growth rate in Morocco is 5%," he said. "This means that salaries should be increased.""The government must make more effort in terms of economic development so that there will be some scope for doing something about pay," Daoudi added.

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