Al-Hiry Warns Morocco Debt Risks

Economic expert Abdel Rzaq Al-Hiri stated that Morocco's recent sovereign issuance of $2.5 billion, distributed between 5- and 10-year bonds, reflects investors' confidence in the country's economy and its ability to withstand crises. He emphasized that ensuring financial sustainability requires measures including establishing a legal framework to limit debt and deficits, boosting tax revenues, improving debt management, and promoting financial transparency. He explained that future fiscal choices will determine the trajectory of Morocco's debt sustainability, with a focus on growth and fiscal discipline.