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Fitch Rates Morocco ‘BB+’ with a Stable Outlook

Fitch Ratings has assigned Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) ‘BB+’ rating with a stable outlook due to the country’s macroeconomic stability, low inflation, a moderate share of foreign-currency debt in total general government debt and comfortable external liquidity buffers. Morocco’s fiscal deficit is expected to narrow to 6.3% of GDP in 2021 from […]

Morocco, India’s bridge to French-speaking Africa- Business Standard

Thanks to its increasing diplomatic and economic clout, Morocco is best placed to serve as India’s bridge to French speaking Africa, Indian paper, the Business Standard, commented. Morocco, a North African nation almost touching Europe, has emerged as an “island of stability” in a volatile region, adds the paper quoting Morocco’s Ambassador to New Delhi […]

Commandery of Faithful, token of peace & security in Morocco *

The institution of the Commandery of the Faithful constitutes for the Jewish and Christian communities established in Morocco a token of peace, security and conviviality, said, Monday in the Vatican, the ambassador of the Kingdom to the Holy See, Rajae Naji Mekkaoui. Speaking at the Pontifical Gregorian University, the ambassador highlighted the centrality and role […]