FUSTAL in Laayoune

U.S. reaffirms its unchanged position on Sahara, reiterates support for Morocco’s Autonomy Plan

There is “no change in the clear and consistent U.S. position” regarding the Sahara issue, said Sunday the U.S. State Department, while reiterating Washington’s support for Morocco’s autonomy plan viewed as “serious, credible, and realistic.” In a statement published on the eve of the visit to Morocco of U.S. Assistant Secretary for North Africa Bureau […]

Mauritania seeks closer economic ties with Morocco

Mauritania and Morocco held their 8th High Joint Commission, during which officials from the two countries voiced strong willingness to unlock bilateral cooperation prospects. The event was co-chaired by the head of the Moroccan government, Aziz Akhannouch, and the Mauritanian Prime Minister, Mohamed Ould Bilal in Rabat Friday. Speaking at the opening of the event, […]

S&P upgrades Morocco’s rating to stable

S&P Global Ratings agency maintained Morocco’s ratings at BBB-/A-3 while upgrading its outlook from negative to stable. The stable outlook reflects expectation that fiscal consolidation will continue over the next few years, which will help stabilize debt. “We could raise the rating if budgetary consolidation prospects materially improve or the ongoing transition toward a more […]