Morocco
Fitch Affirms Morocco's BB+ Credit Rating, Cites Macroeconomic Stability
The American agency Fitch Ratings has confirmed Morocco’s long-term foreign currency issuer default rating at BB+ with a stable outlook.
Topic
Economic growth
Morocco
Morocco's Regional Economies Show Uneven Recovery Post-Pandemic
The economic repercussions of the Covid-19 pandemic have been of different intensities depending on the Moroccan regions . Here are those who have come out on top and those who have sunk.
Spain
Spanish Enclaves Ceuta and Melilla Prepare for New Era of Morocco Border Relations
Ceuta and Melilla "cannot live by turning their backs on Morocco," assured Thursday Kissy Chandiramani (PP) and Dunia Almansouri (CPM), announcing a metamorphosis of the border at its reopening.
Morocco
IMF Raises Morocco's Growth Forecast to 5.7%, Highest in MENA Region
The International Monetary Fund (IMF) has revised upwards its growth forecasts for Morocco in 2021, now estimated at 5.7% compared to 4.5% previously.
Morocco
IMF Forecasts 5.7% Economic Growth for Morocco, Highest in MENA Region
Morocco should achieve growth of 5.7% this year against 4.5% initially forecast, according to the International Monetary Fund (IMF).
Morocco
Morocco's Economy Poised for 7.1% Growth in 2021, CMC Report Predicts
The growth rate for the year 2021 in Morocco could reach 7.1%, according to the Moroccan Center for Conjuncture (CMC).
Morocco
Record $9.5 Billion in Remittances Expected from Moroccans Abroad in 2021
Remittances from Moroccans living abroad (MRE) should reach a record of 87 billion dirhams (MMDH) in 2021, an increase of 27.7%.
Morocco
Moroccan Business Group Proposes Tax Reforms in 2022 Finance Bill
The Moroccan employers’ association has just presented its recommendations as part of the 2022 finance bill, currently under examination in parliament.
Morocco
Morocco's Economy Surges 15.2% in Q2, Led by Agriculture and Industry Growth
The Moroccan economy continues its recovery that has already begun in recent months. In the second half of this year, growth reached 15.2%. A considerable leap compared to the same period in 2020 according to HCP.
Morocco
Moroccan Coastal Fishing Revenue Surges 34% to 5.99 Billion Dirhams
In terms of value, coastal and artisanal fishery products sold in Morocco have seen a 34% increase at the end of the first eight months of 2021. These sales reached a total of 5.99 billion dirhams.
Morocco
Moroccan Expatriates Send Record $1.7 Billion Home in July, Boosting Economy
Moroccans living abroad (MRE) transferred more than 16 billion dirhams in July, up 45.6% compared to the same period in 2020. This strong increase is surprising in its magnitude.
Morocco
Morocco Targets 3.2% Economic Growth in 2022 Amid Recovery Efforts
In a framing note, Prime Minister Saâd Dine El Othmani has set a growth rate target of 3.2% for 2022. The unveiled PLF will be based on the assumption of an average butane gas price of $450/tonne and an average cereal harvest of 70 million quintals.