Morocco Succeeded in Bringing Debt Under Control, Reducing Budget Deficit to More Than Half, Official

Rabat — Morocco succeeded this year in bringing its debt under control, not exceeding 65% of GDP, said, Monday in Rabat, minister delegate for relations with parliament and civil society, government spokesperson Mustapha El Khalfi.

This fact is due to the reduction of the budget deficit which fell from 7% to 3.5% and which is expected to continue dropping to reach 3%, said El Khalfi at a press briefing after the weekly cabinet meeting.

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