Fitch Affirms Morocco's BB+ Rating With Stable Outlook : Afroconomy - Afroconomy
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Morocco

Fitch Affirms Morocco's BB+ Rating With Stable Outlook

Fitch Ratings has affirmed Morocco’s Long-Term Issuer Default Rating at BB+ with a Stable Outlook, citing the Kingdom’s sound macroeconomic policies, adequate external liquidity buffers and strong support from official creditors. The af

Afroconomy Intelligence
1 min readAI Summary
Fitch Affirms Morocco's BB+ Rating With Stable Outlook
Credit: North Africa Post

Fitch Ratings has affirmed Morocco's Long-Term Issuer Default Rating at BB+ with a Stable Outlook. The agency cited sound macroeconomic policies, adequate external liquidity buffers, strong support from official creditors, and a relatively favorable debt profile. Fitch also expects the central government fiscal deficit to widen.

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