An austere budget for 2018
- A growth rate estimated in 2018 at 3.2% and continued efforts to reduce the budget deficit to 3%;
- Improved public finances at the end of July 2017 with a positive current balance and a declining budget deficit ...;
- ... At the moment when the trade deficit remains on the steep slope;
- Accession to ECOWAS and with positive expected impacts;
- Revitalization of the stock market whose indicators remain green ...;
- ... And, good performance of the stock selection recommended by BMCE Capital Research with gains of 20.62% at the end of August 2017.
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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