Elliott Abrams

Fitch Expects Morocco’s Growth to Reach 3% in 2024 & 3.5% over 2025-2026 Period

Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]

EBRD expects Morocco’s growth to reach 3.1 % in 2023

The European Bank for Reconstruction & Development expects Morocco’s economic growth to reach 3.1 % up from the 1.3 % recorded in 2022 when a drought compounded the adverse impact of tighter global financing conditions. According to the Bank’s Regional Economic Prospects report released Wednesday, the forecast does not incorporate the effects of the powerful […]

Morocco commemorates 71st anniversary of Revolution of the King and the People

Morocco is commemorating this Tuesday August 20 the 71st anniversary of Revolution of the King and the People, an epic in the history of Morocco and a decisive step towards the recovery of the Kingdom’s independence. This historic event serves, if need be, as a reminder of the Moroccan people’s unwavering determination to defend their […]