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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 […]
Morocco’s Largest Opposition Party Elects New Sec-Gen
Morocco’s Authenticity and Modernity Party (PAM), the largest opposition group in the parliament, voted for Abdellatif Ouahbi as new Secretary General succeeding to Abdelhakim Benchamach, Speaker of the House of Advisors. Ouahbi, a prominent lawyer, was elected unanimousy by members of the party’s national council at the end of its fourth congress held in […]
Tunisian PM resigns after losing Ennahdha’s support
Tunisian Prime Minister Elyes Fakhfakh, on Wednesday, handed in his resignation to President Kais Saied, after a row with the Islamist-inspired Ennahdha party. “The decision has been made in the national interest and in order to avoid more conflicts between state institutions in the country and to uphold the principle of moralization of political life,” […]



