Morocco's Economic Resilience: Moody's Affirms Ba1 Rating with Stable Outlook

INSUBCONTINENT EXCLUSIVE:
The American credit rating agency maintains a stable outlook for the North African nation.The Moroccan government is expected to keep its
debt burden steady despite rising expenditures
ceilings remain unchanged, with the local currency ceiling at Baa1
institutional framework contribute significantly to its economic resilience
discipline with social pressures
Rating with Stable Outlook
(Photo Internet reproduction)Officials are considering public-private partnerships to mitigate budgetary impacts
socio-economic disparities
informal employment and youth unemployment remain concerns
Low female participation in the labor market also presents a challenge to inclusive growth.Despite structural reforms, progress in
addressing these challenges has been slow
Morocco is working to diversify its economy and invest in renewable energy sources.The stable outlook reflects balanced risks around the
baseline scenario
Risks could emerge from limited economic liberalization and state-dominated oligopolies.Conversely, successful reforms could rapidly improve
credit metrics
to some extent
Future ratings will depend on economic reforms aimed at improving income levels and job creation.