VOL. XLIII
No. 30
24-July-2000
MOROCCO
Standard & Poors Affirms Moroccos Ratings, Outlook Remains Stable
Standard & Poors (S&Ps) affirmed on 7 July Moroccos double-B/B foreign currency and its triple-B/A-3 local currency issuer credit ratings. According to S&Ps, the countrys outlook remains stable, although Moroccos ratings are constrained by high public sector debt and external debt burdens. Total public sector debt and net public sector external debt, at an estimated 98% of...
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