Nabil Adel: "Morocco's debt finances non-productive expenditure"
Faced with ever-increasing foreign debt, Morocco is facing new challenges. In this interview, economist Nabil Adel analyzes the main risks associated with this dynamic, including the rising cost of debt servicing, its impact on the country’s budgetary priorities, and the Moroccan economy’s worrying dependence on the vagaries of the weather. According to a World Bank...
Faced with ever-increasing foreign debt, Morocco is facing new challenges. In this interview, economist Nabil Adel analyzes the main risks associated with this dynamic, including the rising cost of debt servicing, its impact on the country’s budgetary priorities, and the Moroccan economy’s worrying dependence on the vagaries of the weather. According to a World Bank...
