Morocco’s Public Debt Drops to 29.2% of GDP, Treasury Report Shows

The DTFE informs us that the debt is now 29.2% of GDP, compared to 31.3% in 2017. In detail, multilaterals account for 48.8% of this debt, bilaterals 28.4%, international financial markets and commercial banks 22.8%, according to the document published on the ministry’s website and reported by the MAP.

Furthermore, public institutions and the Treasury were the main borrowers with shares of 54.1% and 45.4%, respectively, according to this document, which specifies that the public Treasury’s debt has decreased to 13.2% of GDP.

It should also be noted that the euro represents 59.5% of Moroccan debt, followed by the US dollar at 28.4%, and finally the Japanese yen at 3.8%, while the fixed interest rate is 75.2%, while the variable rate represents 24.8%.