A stand out among Mena energy importers as being both stable and relative economic success, Morocco is also the regional leader in terms of solar power – though, again, this says as much about the competition as about Morocco. Recent gas discoveries hold out the prospect of reduced energy dependence on Algeria.
|Oil Rig Count||1|
|Debt to GDP||64.41||%|
ALL DATA 2018 UNLESS OTHERWISE INDICATED.
10 Apr, 2020
Morocco had a $3bn IMF credit line since 2012 but never drew it. Covid-19 has changed that. The EU has chipped in $500mn more. Will it be enough?
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