Lebanon reaffirmed its steady position in support of Morocco’s territorial integrity and sovereignty over the Sahara, Lebanese foreign and defense minister, Zeina Acar said. Acar said her country does not recognize any separatist entity in southern Morocco making the position of her country clear once and for all. The remarks were made during talks with […]
The African Development Bank (AfDB) has approved about $300 million to finance trade and economic development in the Common Market for Eastern and Southern Africa (COMESA). The $300 million support facility for the Eastern and Southern African Trade & Development Bank (TDB) was announced on Wednesday. According to AfDB, the COMESA regional trade and project […]
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% […]
