Risks of attacks from native terrorist gangs and the arms race with neighbouring Algeria have motivated the Moroccan government to increase its defence budget.
According to a new report from Strategic Defence Intelligence (SDI), the country spent US$16.8 billion on defence purposes between 2009-2013.
Between 2014-2018 this number is expected to grow to reach US$20.5 billion. The overall defence budget is expected to gradually increase from US$3.8 billion in 2014 to US$4.5 billion in 2018, growing at a CAGR of 4.42%. […]