Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]
The founder and honorary president of the Spanish daily “El Pais”, Juan Luis Cebrian, has highlighted Morocco’s “key” role in building the new international order. “Morocco is a key country in building the new international order and in serving the interests of our country and its citizens, regardless of the ideology they practice and […]
Moroccan train operator ONCF regained normal traffic with 34.5 million passengers using its trains in 2021, up 64% compared to a year earlier marked by Covid-19 lockdown and travel restrictions. The state-owned company’s revenue stood at 3.5 billion dirhams the same year, compared with 2.8 billion in 2020, ONCF chief told the board of directors. […]
