“It is our responsibility to scan international markets all the time. An exit from the Treasury on the international market is one instrument among many others to optimize the financing of our economy. We have an obligation to do this», underlined Nadia Fettah, Minister of Economy and Finance, during her appearance on the program “Grand Format» broadcast on The360.
Remember that the last outflow of the Treasury on the international financial market dates back to March 2023, when Morocco issued a bond for a total amount of 2.5 billion dollars, divided into two tranches of 1.25 billion each.
Read also: Morocco’s exit from the international financial market: the Treasury raised $2.5 billion
Today, the question arises as to whether the conditions are met to launch a bond issue on the international market? “There are expectations on the markets. The Fed has not yet commented on interest rates. The ECB spoke out a little more. The world is rather turbulent“, explained Nadia Fettah.
And to add: “As I speak to you, we do not have clear visibility on future trends. Once we have the necessary visibility, we will return in a transparent manner to explain to the market what we would like to do.“.
By Wadie El Mouden And Khadija Sabbar
06/16/2024 at 9:56 a.m.
