Fitch Affirms Morocco’s ’BB+’ Rating, Citing Economic Resilience and Challenges
23 October 2023
Fitch Ratings, the American rating agency, has confirmed Morocco’s long-term foreign currency issuer default rating (IDR) at ’BB+’ with a stable outlook.
GDP
Morocco’s Economy Set to Soar with 2030 World Cup, Experts Predict 3-5% GDP Boost
10 October 2023
The organization of the 2030 World Cup by Morocco, Portugal and Spain will certainly have a significant impact on Morocco’s Gross Domestic Product (GDP), which could be between (…)
Morocco Earthquake Threatens Economic Growth as Nation Faces Recovery Challenges
11 September 2023
The powerful earthquake that hit Morocco on the night of Friday, September 8 not only caused human and material damage. It is severely affecting the economy of the kingdom, (…)
Morocco’s Economy Set to Grow 3.2%, Outpacing North African Neighbors
8 May 2023
After "a painful recession in the agricultural sector due to a historic drought," Morocco should have economic growth of 3.2% this year, compared to +1.3% last year, and (…)
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".
Morocco Leads Major African Economies in Country Risk Rating, Allianz Trade Reports
1 April 2023
With a "B3" rating, Morocco gets the best rating among the major economic powers in Africa in terms of country risk, ahead of Nigeria (D3), South Africa (C3), Egypt (D4) and (…)
Morocco’s Public Debt Soars to 88.9% of GDP, Reaching 1.18 Trillion Dirhams
13 January 2023
In 2021, the outstanding public debt increased by 117 billion, reaching 1180 billion dirhams (MMDH), which represents a ratio to Gross Domestic Product (GDP) of 88.9%.
Morocco Ranks 3rd Globally in Foreign Direct Investment, IMF Report Shows
10 January 2023
Morocco is one of the countries that receives the most foreign direct investments (FDI) in the world, ranking third in a ranking dominated by Qatar and India, according to the IMF.
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, (…)