horst-koehler

King, Moroccans give hero’s welcome to triumphal Atlas Lions

The Atlas Lions made their triumphal return in Rabat where tens of thousands of jubilant Moroccans lined to greet the players after their memorable run in Qatar World Cup. The red open bus carrying the national squad was met with thousands of flag waving, singing and dancing Moroccans from Sale to the Royal palace in […]

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 […]

African economic growth set to rebound despite persistent challenges

Africa’s gross domestic product is projected to grow by 3.8% in 2025 and 4.1% in 2026, establishing the continent as the second-fastest growing global region, according to economic forecasts released during the 57th Conference of African Ministers of Finance, Planning, and Economic Development in Addis Ababa. Economic experts acknowledge African economies’ remarkable resilience but caution […]