Fitch Rates Morocco ‘BB+’ with a Stable Outlook

Fitch Ratings has assigned Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) ‘BB+’ rating with a stable outlook due to the country’s macroeconomic stability, low inflation, a moderate share of foreign-currency debt in total general government debt and comfortable external liquidity buffers. Morocco’s fiscal deficit is expected to narrow to 6.3% of GDP in 2021 from […]

Spain to launch seasonal workers program for Senegalese

Spain is expanding its so-called circular migration program to its first sub-Saharan African country by hiring at least 100 Senegalese to boost Spain’s agricultural sector, while also seeking to reduce the death toll of Africans illegally migrating to Europe. By including Senegal into the program, companies in Spain will be able to hire at least […]

Morocco Takes Part in Interpol’s Exercise ‘Neptune 2’

Morocco, represented by the Directorate General of National Security (DGSN), took part in Interpol’s second International Transboundary Exercise ‘Neptune 2’ as it had participated in the first version of the exercise in 2018.   The exercise of the International Criminal Police Organization (Interpol) took place July 24 – August 8 in several Mediterranean ports, including […]