Morocco’s Casablanca‑Settat region has become the first regional authority in the country to tap the capital markets, issuing 1 billion dirhams (€92 million) local-currency bond with cornerstone support from the European Bank for Reconstruction and Development (EBRD). The EBRD said it invested MAD 400 million (€36.8 million) in the issuance, helping to ensure the bond’s […]
Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]
El Pais, one of Spain’s most popular newspapers, confirmed that the admission of Polisario leader in Spain was a decision taken at the highest state level. El Pais confirmed the conclusion of Morocco’s foreign ministry that letting Ghali into Spain under a made-up identity and an Algerian passport was a “premeditated act.” Ghali flew to […]
