The global credit rating agency Moody’s has upgraded Morocco’s economic outlook from “stable” to “positive,” while keeping the sovereign credit ratings at Ba1 for both local and foreign currency.
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Morocco regains investment grade after S&P upgrade
Standard & Poor’s has raised Morocco’s sovereign credit rating to BBB-/A-3, restoring the kingdom’s “investment grade” status for the first time since 2021. The upgrade, from +B/BB, reflects Morocco’s ...
The U.S. Geological Survey issued a red alert for economic losses as a result of the Morocco earthquake. "Extensive damage is probable and the disaster is likely widespread," the agency said.
RABAT, July 18, 2024 — Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al Haouz earthquake, the Moroccan economy has shown resilience and has ...
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