April 7, 2017 / 3:49 PM / 3 months ago

BRIEF-S&P affirms Morocco's ratings at 'BBB-/A-3'

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April 7 (Reuters) - S&P Global Ratings :

* S&P - Morocco ratings affirmed at 'BBB-/A-3'; Outlook stable

* S&P on Morocco - Stable outlook reflects expectation that fiscal consolidation will continue over next few years, which will help stabilize debt

* S&P on Morocco says "In our view, Morocco will continue to attract FDI and its business environment should stay broadly supportive"

* S&P on Morocco - For next three years, forecast slight recovery of tourism receipts, higher export volumes of cars from Renault factory in Tangier Source text : (bit.ly/2oauumf)

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