Fitch Ratings affirmed Morocco's credit rating at BB+ with a stable outlook.
It is worth noting that economic growth in Morocco slowed to 2.4% in the second quarter of 2024, compared to 2.5% growth during the same quarter last year.
According to the data, non-agricultural activities increased by 3.2% and agricultural activity decreased by 4.5%.
Domestic demand was the engine of economic growth in a context characterized by controlling inflation and improving the need to finance the national economy, which reached 1% of GDP, according to the data.
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