Fitch Ratings Confirms Morocco's Long-Term Foreign Currency Rating at 'BB+' with a Stable Outlook
Fitch Ratings has confirmed Morocco's long-term foreign currency rating at 'BB+' with a stable outlook. This decision reflects the country's solid macroeconomic policies, support from official creditors, a favorable debt profile, and comfortable liquidity reserves.
However, the rating is constrained by lower development and governance indicators compared to peer countries, high public debt, and vulnerability to unfavorable weather conditions.
