Moody’s upgrades Morocco’s outlook to “positive”, Ba1 rating confirmed

Moody’s Ratings, the international rating agency, raised Morocco’s sovereign rating outlook from “stable” to “positive” on Friday, while confirming the Ba1 rating for long-term debt in foreign and local currency. This decision reflects the growing confidence of the markets in the kingdom’s macroeconomic trajectory. In its analysis, Moody’s highlights a gradual improvement in the country’s…...