EconSource: Fitch Ratings Confirm Morocco’s Investment Grade with Stable Outlook

According to the Moroccan economy and finance ministry, foreign currency debt and local currency debt are rated respectively ‘BBB-’ and ‘BBB’. These Fitch ratings reflect the country’s macroeconomic stability in an unstable international and regional environment and the resilience of its GDP growth, despite a drop in the foreign demand from Europe, Morocco’s top economic partner. However, Morocco’s social indicators are weaker than peer countries overall. [MAP]

International donors pledge to boost Syrian refugee aid
In an international conference on the Syrian refugee crisis, numerous countries vowed to extend long-term financial aid to countries struggling with the humanitarian crisis stemming from the conflict in Syria. At the conference, Lebanese Prime Minister Salam urged the United Nations to increase funding to boost Lebanon’s economy and speed the resettlement of refugees. [The Daily Star]

Jordan sees four percent growth in 2015
According to Jordan’s Central Bank governor, Jordan’s economy may grow 4 percent in 2015 due to resilient exports and increased public and private spending, which help to alleviate the fallout from crises in Syria and Iraq. A sustained drop in oil prices could also considerably ease fiscal pressures in Jordan, which imports 97 percent of its fuel. [Zawya]

Also of Interest:
Morocco pushes finance hub for Sub-Saharan Africa | Financial Times
The economic fallout from terrorism affects all | Gulf News
Successful overseas dollar bonds launch will be success for Egyptian economy | Daily News Egypt
Blog: Egypt’s economy, bringing the state back in | CFR
Economic pain looms large for Iranians in nuclear negotiations | The New York Times
Egypt stocks rally on Tuesday, bolstered by global rebound | Ahram Online
Four percent increase in MENAP economic activity expected by 2015 | Daily News Egypt
Egypt considers allocating state-owned lands to produce renewable energy | AllAfrica