Morocco
Standard & Poor's Affirms Morocco's BBB- Credit Rating, Forecasts 2.8% GDP Growth
In its latest publication, the rating agency Standard & Poors has confirmed its "BBB- / A-3" rating on Morocco, and notes a stable outlook.
Topic
GDP
Morocco
Record Bank Liquidity Demand in Morocco as Consumption Soars
The reasons why some ATMs were dry in August are known. Bank Al-Maghrib (BAM) reports that liquidity needs have reached unprecedented levels. And, according to the data published by the central bank, it is a new record of consumption that has been shattered during this period.
Morocco
Morocco's Public Debt Rises to 65.3% of GDP, Raising Economic Concerns
In 2018, public debt increased by 4.4%, reaching 722.7 billion dirhams (MMDH), which represents a ratio to Gross Domestic Product (GDP) of 65.3%.
Morocco
Morocco's External Debt Soars to 75% of GDP, Outpacing Foreign Investment: Bloomberg Report
In a Report published on the level of external debt in the Middle East and North Africa (MENA) region, Bloomberg, the news agency specializing in economics and finance, takes a look at the situation of Morocco’s external debt. The study reveals that the Kingdom is more dependent on foreign borrowing than on FDI, a decade ago, and is "unable to repay its accumulated external debt".