Morocco Retains BB+ Credit Rating as Fitch Cites Economic Resilience
30 April 2023
Fitch Ratings, the American rating agency, has maintained Morocco’s long-term foreign currency debt rating at BB+ with a "stable outlook".
Economic growth
Morocco Ranks 96th in Global Prosperity Index, Excels in Green Economy
17 March 2023
Morocco is the 96th most prosperous country, according to the Legatum Prosperity Index 2023. Several criteria such as economic growth, education level, health, well-being and (…)
Moroccan Cities Face Sharp Price Hikes as Inflation Hits 6.6% in 2022
21 January 2023
At the end of 2022, inflation reached 6.6% and the annual consumer price index (CPI) recorded an increase of 6.6% compared to 2021, according to the High Commission for (…)
Morocco’s Economic Growth Forecast for 2023 Falls Short of Government Expectations
16 January 2023
In 2023, Morocco will have to face significant economic challenges, according to the High Commission for Planning (HCP). Experts from this institution estimate that economic (…)
Morocco Maintains ’BB+’ Credit Rating Despite Drought-Induced Economic Slowdown
6 November 2022
Fitch Ratings confirmed on November 4 Morocco’s long-term foreign currency issuer default rating at "BB+" with a stable outlook. The American rating agency also expects a (…)
Morocco Seeks IMF Support as Foreign Exchange Reserves Dwindle
19 October 2022
Faced with the deterioration of its external position, Morocco will seek the support of the International Monetary Fund (IMF) to strengthen its foreign exchange reserves, (…)
IMF Slashes Morocco’s Growth Forecast to 0.8% for 2022, Predicts Rebound in 2023
12 October 2022
The International Monetary Fund (IMF) has revised downward its growth forecasts for Morocco. This year, it stands at 0.8% and should rise to 3.6% in 2023, then rebound to 3.4% (…)
Morocco’s Economic Growth Slows to 1.4% in Q4 2022, HCP Projects
7 October 2022
For the 4th quarter of 2022, economic activity will experience growth of 1.4%, according to data published by the High Commission for Planning (HCP) in its note on the economic (…)
Morocco Dominates Choiseul’s Top 100 Young African Business Leaders Ranking
2 October 2022
For the 9th consecutive year, Choiseul has established the Top 100 of the best young business leaders in Africa. And as one might expect, Morocco alone has 12 business leaders (…)
Moroccan Banks Show Resilience Amid COVID-19 Crisis, Central Bank Reports
1 August 2022
Moroccan banks have been resilient during the Covid-19 health crisis, according to a report by the central bank of the kingdom.