Mubasher: Standard & Poor's (S&P) has recently affirmed Morocco’s long- and short-term foreign and local currency ratings at BBB-/A-3, with the outlook remaining stable.
The ratings agency expects the authorities will continue to pursue budgetary consolidation and growth-enhancing reforms in Morocco, according to a recent report.
S&P says that it expects Morocco to continue to improve economic diversification by developing automotive, aeronautics, electronics, and renewable energy sectors.
