{"id":211249,"date":"2020-11-05T13:10:38","date_gmt":"2020-11-05T12:10:38","guid":{"rendered":"https:\/\/maghreb-online.com\/?p=56596"},"modified":"2020-11-05T13:10:38","modified_gmt":"2020-11-05T12:10:38","slug":"morocco-and-the-coronavirus-pandemic-shock","status":"publish","type":"post","link":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/2020\/11\/05\/morocco-and-the-coronavirus-pandemic-shock\/","title":{"rendered":"Morocco and the Coronavirus Pandemic Shock"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\" style=\"text-align: justify;\">Fitch Ratings downgraded Morocco\u2019s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to \u2018BB+\u2019 from \u2018BBB-\u2019 on 23 October 2020, making Morocco the latest sovereign to lose investment-grade status. However, while the ratings of several sovereigns that lost investment grade have continued to deteriorate, Fitch believes Morocco will be able to avoid this and this is reflected in the Stable Outlook. Sharp GDP Fall, Weaker External Finances The downgrade reflected the severe impact of the coronavirus pandemic on Morocco\u2019s economy and public and external finances. This report provides an overview of the effect of the pandemic on the country\u2019s key credit metrics.<\/p>\n<p>Read more from the source : <a href=\"https:\/\/www.fitchratings.com\/research\/sovereigns\/morocco-and-coronavirus-pandemic-shock-05-11-2020\">Fitch Ratings<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Tags : Morocco, coronavirus, covid 19, pandemic,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings downgraded Morocco\u2019s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to \u2018BB+\u2019 from \u2018BBB-\u2019 on 23 October 2020, making Morocco the latest sovereign to lose investment-grade status. However, while the ratings of several sovereigns that lost investment grade have continued to deteriorate, Fitch believes Morocco will be able to avoid this and this is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[486,780,111,1450],"class_list":["post-211249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-classe","tag-coronavirus","tag-covid-19-2","tag-morocco","tag-pandemic"],"_links":{"self":[{"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/posts\/211249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/comments?post=211249"}],"version-history":[{"count":0,"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/posts\/211249\/revisions"}],"wp:attachment":[{"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/media?parent=211249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/categories?post=211249"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/xnalgrt.cluster100.hosting.ovh.net\/index.php\/wp-json\/wp\/v2\/tags?post=211249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}