Growth Rate To Reach 5%, Economy Minister Says
Placed on 15-02-2012
Rabat - This rate is ascribable to the growth of non-agricultural activities, bank credits, inflation-curbing measures and the decline in employment rate, he said at a joint press conference with Minister delegate in charge of budgeting Idriss Azami Al-Idrissi.
Referring to the sector of Agriculture, the Minister underlined a 4...
Fitch Ratings confirms the Investment Grade assigned to Morocco
Placed on 08-02-2012
The international rating agency Fitch Ratings has confirmed the level of investment grade assigned to Morocco, with a steady prospect.
Foreign currency debt and local currency debt are matched, respectively grades ‘BBB-’ and ‘BBB’. The grade ‘F3′ of the short-term foreign currency debt and the ceiling grade ‘BBB’ have also been confirmed...
Morocco set to pull in more tourists – FDI magazine
Placed on 01-02-2012
Morocco is set to reinforce the contribution of tourism in its economy through attracting more tourists the British magazine, Foreign Direct Investments (FDI) wrote in its latest edition.
“Attracting travelers to Morocco is not difficult, given its array of natural attractions and reputation as a cultural hot...
Tourism showed slight positive increase in 2011
Placed on 01-02-2012
Tourism industry showed “slight increase” in 2011, according to the managing director of the Moroccan National Office of Tourism (ONMT) Abdelhamid Addou, amid the economic crisis that hits the world.
Addou said the number of arrivals were 2% higher year on year.
“It is a good result compared with competing...
