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S&P confirms the sovereign rating of Morocco to “BBB-/A-3” with a stable outlook
04/27/2015 - Général

Rating agency Standard & Poor's (S&P) confirmed the long-term and short-term ratings of Morocco in both foreign and local currency “BBB- /A-3” with a stable outlook.

The agency anticipates an accelerated growth of the Moroccan economy, thanks to increased production in higher value-added sectors such as automotive, aerospace and electronics. Phosphates and tourism revenues are also expected to grow. According to forecasts by S&P, Morocco's economic growth should increase by 5% in 2018.

Source : Ecofin Agency