Abd al-Hafid of Morocco his abdication only when on the quay in Rabat, with the ship that would take him to France already waiting. After an extended visit to France, where he received a great deal of attention from the press, he returned to Morocco and was exiled to the Dar el Makhzen (Sultanate Palace) in Tangier. His brother Yusef was proclaimed Sultan by the French administration several months later (13 August 1912). Yusef was chosen by some dignitaries of Rabat which wasn't the capital of Morocco at the time. Abd al-Hafid of Morocco Abdelhafid of Morocco () or Mulai Abdelhafid (24 February 1875,
Economy of Morocco Economy of Morocco The economy of Morocco is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the 1st most competitive economy in North Africa, in its African Competitiveness Report 2014-2015. The services sector accounts for just over half of GDP and industry, made up of