michel-and-daughters

Fitch Ratings underscores Morocco’s macroeconomic stability, external liquidity buffers

Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity buffers, Fitch Ratings said. The agency affirmed Morocco’s long-term foreign-currency issuer default rating at ‘BB+’ with a Stable Outlook. Fitch Ratings however expects the government’s budget deficit to stand at […]

Morocco, Switzerland to cooperate in rail infrastructure

Morocco and Switzerland signed an agreement to cooperate on transport infrastructure as the North African country prepares to extend the-high-speed-train link south of Casablanca. The agreement was signed by Moroccan transport minister, Abelkader Amara, and his Swiss counterpart, Simonetta Sommaruga, Friday in Switzerland. The Swiss minister expressed her country’s willingness to help Morocco with its […]

Rabat & Belgrade Agree to Step up Cooperation in Trade, Tourism & Culture

The Moroccan and Serbian governments have agreed to strengthen cooperation in trade, tourism and culture with the signing of deals in these fields. These agreements were sealed on the sidelines of the 2nd session of the Morocco-Serbia joint committee convened Wednesday in Rabat. The first agreement aims to facilitate and develop long-term trade in goods […]