Those thinking of investing in Morocco property could be set to see a return, should predictions for the country’s economy be realised.

Finance minister Salaheddine Mezouar told Reuters that significant growth is expected this year, standing by original forecasts.

He explained that although the global economic downturn is being predicted to impact upon exports and the tourism sector, the country’s economy is still in line for its 5.8 per cent target.

"We are still convinced that our economy has the potential to achieve growth of more than five per cent in 2009 despite the context," Mr Mezouar was quoted as saying.

And the news agency noted that investment by the government is planned to reach a ten-year high this year in order to achieve that aim.

Last month Moroccan tourism minister Mohammed Boussaid told Deutsche Presse-Agentur that the economic downturn could in fact help the country’s tourism, as Europeans opt to travel there rather than more distant locations.

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