Morocco’s Public Debt Soars to 88.9% of GDP, Reaching 1.18 Trillion Dirhams

According to the Unified Arab Economic Report for 2022, published by the Arab Monetary Fund, this trend takes into account the increase in domestic public debt of about $9.2 billion and that of external public debt of about $2.5 billion.

The same source indicates that Morocco’s domestic public debt stood at over $66.6 billion in 2020, compared to $75.8 billion in 2021, while external public debt in 2020 stood at over $39.5 billion, compared to over $42.1 billion in 2021.

In total, Morocco’s total public debt increased by about $11.7 billion, reaching about $117.9 billion at the end of 2021, compared to $106.2 billion at the end of 2020, the document states.