Jallal-Toufiq

Fitch rates Morocco “BB+” with stable outlook

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% […]

Morocco, a ‘bright spot’ in terms of education and Infrastructure- IMF Chief

Morocco is a “bright spot” and an “excellent example” for the rest of the continent, particularly in terms of education and infrastructure, stressed, on Sunday in Marrakech, Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. Speaking at a press conference on the eve of the Annual Meetings of the World Bank and IMF, […]

Morocco: 37 Terror Cells Dismantled Since 2015

Since its creation in 2015, Morocco’s Central Bureau of Judicial Investigations (BCIJ), (a version of US Federal Bureau of Investigation), has dismantled 37 terror cells and captured a total of 485 suspects including 275 in 2015, according to press reports. These figures show the achievements made by BCIJ in its tireless war waged against Islamic […]