King Mohammed VI has pardoned 653 convicts on the occasion of the Revolution of the King and the People celebrated by Morocco on August 20. The Ministry of Justice unveiled the list of the beneficiaries of the royal pardon, who are either detained or serving a suspended sentence. The list includes 16 individuals who had […]
Fitch Ratings agency has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook due to favorable debt composition, reasonably comfortable external liquidity buffers and a record of macroeconomic stability. In 2021, Morocco’s GDP growth rebounded to 7.4%, after contracting by 6.4% in 2020. “We forecast growth to decelerate to 1.1% […]
King Mohammed VI has underlined the growing international support to Morocco’s autonomy plan offered for the Sahara for a lasting resolution of this regional conflict. “Moroccan Autonomy Initiative… is backed by the Security Council and the influential powers as the sole normal course of action for the settlement of this dispute”, said the Monarch in […]
