The Moroccan Minister of Treasury and Economy, Fathallah Oulalau, revealed that Morocco’s foreign debt decreased to $14 billion in 2001, reported Al-Hayat . The minister added that the balance of payment account recorded a surplus last year, equivalent to three percent of the GDP. Arriving foreign investments into Morocco exceeded three billion dollars last year and liquidity reserves grew to $10 billion in the same year. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
