Agriculture

Morocco: cannabis output represents 23% of GDP, US State department says

Tuesday, 07 March 2017 11:39 Last modified on: 07 March 2017 11:40

(Ecofin Agency) - About 23% of Morocco’s GDP in 2016 came from cannabis production. This was revealed by the US State department in a report on global drugs traffic released on March 3rd. “Over the 2015-2016 season, Morocco produced nearly 700 metric tons of cannabis, which represent 23% of its GDP valued at $100 billion,” the report states.

The US State department also said Morocco which is the world’s leading producer and exporter of the crop, has become a major transit nation for cocaine coming from South America to Europe. This was proven by a seizure last year of 250kg and 1,230kg of the drug in Oujda and Dakhla respectively.

The report also reveals that cannabis is the most widely used drug in Morocco despite the internal heroin and cocaine markets. Around 19,000 people are being held in detention for drug traffic related cases. This makes 25% of the total number of jailed people in the country.

Morocco’s government however acknowledged its limitations in regards to the fight against drug traffic.

In this framework, according to the report, the US Drug Enforcement Administration/DEA opened its first African regional office in Rabat, while indicating that Morocco and the USA are yet to sign any bilateral extradition agreement.

 
Finance


 
Mining


 
Telecom


 
Public Management


Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.