Saturday 1 January 2011

Morocco's foreign debt at $19.8 bln in Q3/2010 | Reuters

Morocco's public foreign debt stood at $19.8 billion at the end of the third quarter of 2010, up from $19.4 billion at the end of 2009 and at its highest since at least 2005, the finance ministry said on Friday.

Morocco plans to disburse $2.1 billion to service foreign debt in 2011, $2.2 billion in 2012, about $2 billion annually in 2013 and 2014, $1.9 billion in 2015, $1.8 billion in 2016 and $2.3 billion in 2017, the data published by the ministry showed.

A total $549 million will be paid to service the foreign debt in the fourth quarter, it added.

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