Morocco Delays National Loan Launch to 2022, Cites Unfavorable Conditions

– byArmel · 1 min read
Morocco Delays National Loan Launch to 2022, Cites Unfavorable Conditions

The government has decided to postpone once again the launch of the national loan. It could take place at the start of next year.

During a press conference held on Tuesday, the Minister of Economy and Finance announced that this operation, long awaited by citizens and Moroccans living abroad, will not be launched this year.

The reason given by Nadia Fettah Alaoui is that the conditions for carrying out this fundraising are not met, adding that the government will work to properly prepare the next one to quickly launch it in 2022, if necessary.

"We will assess in 2022, depending on the needs, the right time to carry out this operation," concluded the minister.