loader

数据

img images 摩洛哥

摩洛哥的公共债务占GDP的比率在1970年代初很低,但一直稳步攀升,直到1980年代中期,在1985年达到顶峰,为117.71%。从1984年到1990年,该比率一直保持在100%以上,此后一直呈下降趋势。最初,债务增加是由于一系列旨在实现经济现代化和增加产量的发展计划,其中涉及大量的资本投资。但由于1970年代后期全球石油价格的冲击,利率后来上升,因此从1980年代中期开始,摩洛哥不得不实施由世界银行和IMF认可的私有化和经济政策变化计划,这说明了逐步减少其公共债务与GDP的比率。但是,摩洛哥不是HPIC的一部分,并且在2000-2018年期间未从中国获得任何债务减免。

从2000年到2019年,摩洛哥的经济平均每年增长4.1%。然而,最近该国的经济增长已连续两年放缓,从2017年的4%降至2019年的2.3%。此外,赠款减少根据海湾合作委员会的建议以及增加社会支出的计划,预计摩洛哥将从其他国家和私营部门借入更多资金。

3.1%

经济增长

4 / 8

DR的债务透明度指数

76.6%

Gross Debt Position % Of GDP

-6%

Budget balance 2021

摩洛哥

债务与国内生产总值之比

Indeed, Morocco’s public debt level has increased every year since 2008, reaching 64% of GDP in 2018 due to a downgrade in economic growth and budget restructuring. However, Morocco allocated a similar proportion of government expenditure in debt interest payments and the health sector. In 2017, debt interest amounted to 8.5% of total government expenditure, compared to health expenditure of approximately 7.5%.. Given potential opportunity costs, it is important that the projects being funded by loans should help raise Moroccan citizen’s standards of living and generate a return.

摩洛哥

收入与预算余额

It should also be noted that Morocco scored joint middle in the Debt Transparency Index, given that it has and uses a medium-term debt strategy, but its government data portal is ineffective. Morocco is also a signatory to the Open Government Partnerships and recognizes freedom of information rules.

Chinese debt as a percent of Morocco’s total external debt stocks is very low. Chinese debt represents less than 1% Morocco’s external debt stocks. Morocco’s external debt has been largely to members of the Paris Club and international financial institutions – perhaps due to its relative proximity to Europe. However, China has brought at least nine fundamental Chinese official development finance projects in the country since 2000 according to China Africa Research Initiative.

img

中国债务与GDP之比

对中国的外债存量vs. 对其他国家 百万美元

No Data Found

As a middle-income country, the IMF does not classify Morocco’s debt position. However, the Jubilee campaign predicts a debt crisis in 2020, since it judges that debt payments are undermining the country’s economy. Given that Morocco’s economy is heavily dependent on tourism, the negative effects of COVID-19 due to border closures and travel restrictions make the country vulnerable, bringing into question its ability to pay the debt services. Fitch’s credit rating for Morocco was last reported at BB+ with stable outlook on October 23, 2020, which is speculative with an elevated vulnerability to default risk. But Morocco’s overall credit rating was distinctly higher than the average of the other countries in this report, suggesting its flexibility to service the financial commitments.  Furthermore, Morocco has somewhat less outstanding infrastructure financing needs to meet the SDGs than many other countries examined in this guide. It may be possible to raise such finance domestically or from a range of creditors.

外债

No Data Found

img
img

No Data Found

Acknowledgements:

WRITERS   Joe Peissel and Yike Fu   GRAPHIC DESIGNER  Kayode Animashaun
and The Development Reimagined Team

Statement on use of data:

This debt guide uses a compilation of data from the IMF World Economic Outlook, the World Bank, the AfDB, Trading Economics, Jubilee Debt Campaign, China Africa Research Initiative for Chinese loans, Christoph Trebesch et al. for China Debt Stock Database, DR’s dataset for debt cancellation and COVID spending, as well as the data from countries’ government websites (if applicable).

55%

Listening Music

47%

Reading

36%

Gardening

25%

Sleeping

img

60%

Watching Tv

19%

Meditation

img

COVID-19

No Data Found

zh_CN简体中文