October 7, 2016 / 3:47 PM / 10 months ago

BRIEF-S&P affirms Morocco at 'BBB-/A-3' with stable outlook

Oct 7 (Reuters) - Fitch:

* Morocco ratings affirmed at 'BBB-/A-3'; outlook stable

* Expect Morocco's external and fiscal deficits to continue to improve over the coming years, supported by low energy prices

* Stable outlook reflects expectation public finance reforms will proceed, while fiscal,current account deficits to decline over few years

* Expect growth performance in morocco to remain vulnerable to volatility in agricultural sector, external demand fluctuations from Europe post Brexit Source text - (bit.ly/2dRxQTl)

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