Fitch, an American rating agency, affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) rating at “BB+,” reflecting the country’s ability to meet its long-term fiscal responsibilities.
In a recent report, Fitch argues that Morocco’s stable economic outlook is supported by a “record of sound macroeconomic policies” that underpin its resilience to shocks.
The country’s strong official creditor support and comfortable liquidity buffers are also among the factors supporting its robust economy.
Source: Morocco World News
Read more: https://www.moroccoworldnews.com/2023/10/358477/fitch-maintains-moroccos-rating-unchanged-at-bb
