UN, Washington call for Libyan talks to resolve Central Bank crisis

The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]

Sahara: Growing International Recognition of Morocco’s Sovereignty

Morocco continues to gain growing international recognition of its sovereignty over its entire Sahara and its Autonomy plan endorsed by the UN Security Council Resolution 2797. These supportive stands have been voiced by the foreign ministers of Chile, Panama and Cape Verde during separate meetings held Monday in New York with Moroccan FM on the […]

S&P Global Ratings maintains Morocco’s rating at BB+, says economic outlook remains stable

S&P Global Ratings maintained Morocco’s rating unchanged at BB+ for the second year, citing the country’s strong sovereign credit, and projected that Moroccan economy will expand by 1.4% this year, after bouncing back by 7.9% in 2021. Representing the country’s ability to meet its financial obligations, the S&P rating shows that Morocco’s creditworthiness is largely […]