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===Drought=== Unreliable rainfall is a chronic problem that produces [[drought]] or sudden floods. In 1995, Morocco's worst drought in thirty years forced Morocco to import grain and adversely affected the economy. Another drought occurred in 1997, and one in 1999β2000. Reduced incomes due to drought caused GDP to fall by 7.6% in 1995, by 2.3% in 1997, and by 1.5% in 1999. During the years between drought, good rains brought bumper crops to market. Good rainfall in 2001 led to a 5% GDP growth rate. The danger of drought is ever present and still dramatically affects the Moroccan economy, even though Moroccan decisionmakers have recently{{when|date=October 2014}} stated that the economy becomes more diversified and disconnected from rain falls.{{citation needed|date=October 2014}} Especially, cereal yields still depend on considerable variation in annual precipitation. Cereals constitute the essential of the agricultural value added and their production is very sensitive to rain falls. More important is that cereal yields determine not only the aggregate value added in the agricultural sector but also economic growth in general.{{citation needed|date=October 2014}} According to the Moroccan economist, Brahim MANSOURI (Fiscal Policy and Economic Growth: Egypt, Morocco and Tunisia Compared, UNECA, 2008), when drought, measured as a dummy variable computed on the basis of the rate of growth of cereal yield, endangers extremely, the growth rate of real GDP would fall by 10%.
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