VOL. XLIII

No. 20

15-May-2000

MOROCCO

As Economic Prospects Stabilize According To Moodys

Meanwhile, economic prospects for the country are stabilizing. According to Moodys Rating Agency annual report on Morocco dated 4 May, the stable outlook for the countrys Ba1 rating reflects a track record of sound fiscal and monetary policies that have maintained stable macroeconomic conditions for over a decade. It also reflects the significant progress made to date on market-oriented structural reforms....