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
GDP
Morocco
Morocco's Economic Resilience Shines Despite Global Health Crisis
Despite the health crisis, Morocco has managed to keep all its country risk indicators in the green, thanks to the measures taken by the authorities to support the economy.
Morocco
Morocco's Real Estate Sector Seeks Reforms and Social Housing Revival from New Government
Real estate and construction professionals are awaiting the next government on many projects, including the relaunch of the social housing program and the implementation of a series of reforms to facilitate the rapid and sustainable recovery of activity after the health crisis.
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
Morocco Lags in Social Protection as Global Coverage Reaches 46.9%, ILO Report Finds
The new global report of the International Labor Organization (ILO) on social protection 2020-2022 indicates that nearly 4.1 billion people in the world have no protection, or just over half of the world’s population. What about the situation in Morocco?
Morocco
Moroccan Banks See 25% Boost from International Subsidiaries Amid Domestic Slowdown
The banking and financial establishments of Moroccan groups abroad have contributed to the profits of their parent companies, allowing them to partially offset the decline in activity recorded in Morocco.
Morocco
Morocco Set to Lead African Economic Growth in 2021, Analysts Predict
The economic recovery of Morocco is unanimous among global economic data analysis agencies. The kingdom would record the highest growth rate in Africa this year.
Morocco
Bernard Arnault Surpasses Jeff Bezos as World's Richest Person, Fortune Eclipses Morocco's GDP
With an estimated fortune of $192.9 billion, French businessman Bernard Arnault has become the world’s largest fortune, dethroning Amazon CEO Jeff Bezos and far exceeding Morocco’s GDP.
Morocco
Morocco's Cash Circulation Surges to 319 Billion Dirhams Amid Pandemic, Central Bank Reports
In 2020, cash demand in Morocco marked an "exceptional" increase, with the currency in circulation growing by 20.1% to 319 billion DH, in value, or nearly 30% of GDP. An unprecedented surge due to the effects of the health crisis.
Morocco
Morocco's Economy Contracts 6.3% in 2020 Amid COVID-19 Crisis, Central Bank Reports
The Governor of Bank Al-Maghrib, Abdellatif Jouahri , presented on Saturday to King Mohammed VI the annual report of the Central Bank on the economic, monetary and financial situation of the kingdom for the year 2020. The year 2020 was mainly disrupted by the health crisis related to Covid-19.
Morocco
Morocco's Economic Powerhouses: Casablanca, Rabat, and Tangier Regions Generate 58% of GDP
The regional accounts for 2019 are now available. Greater Casablanca, Rabat-Salé-Kénitra and Tanger-Tétouan-Al Hoceima are the three regions that contribute more than half of the Moroccan GDP .
Morocco
Morocco's Real Estate Sector Struggles to Recover Amid COVID-19 Crisis
Already in difficulty, the real estate sector has become even more fragile with the advent of the health crisis. Despite the resumption of activities, the sector is struggling to get its head above water, pushing the players to demand an urgent rescue plan.