HomeEconomyPublic external debt at MAD 376.5 billion at the end of September...

Public external debt at MAD 376.5 billion at the end of September 2021

Morocco’s public external debt outstanding stood at MAD 376.5 billion (MMDH) at the end of September 2021, according to the Treasury and External Finance Department (DTFE).

This debt is distributed over the Treasury (201 billion dirhams) and other public borrowers (175.5 billion dirhams), specifies the DTFE in its bulletin of statistics on the public external debt at the end of September 2021.

During the first nine months of 2021, the drawdowns on external public loans amounted to an overall volume of MAD 34.3 billion, including MAD 14.2 billion mobilized by the Treasury (MAD 9.2 billion for reform support, 3 billion dirhams). , 8 billion dirhams for the mitigation measures of the impacts of the Covid-19 pandemic and 1.2 billion dirhams for budget projects) and 20.1 billion dirhams for the benefit of the projects of Public Establishments and Enterprises (EEP), Communities Territorial (CT) and Institutions of Public Utility (IUP).

At the end of September 2021, the public external debt service amounted to MAD 29.2 billion (MAD 10 billion were settled by the Treasury and MAD 19.2 billion by other public borrowers).

By currency, public external debt was dominated by the euro (59.3%), while the US dollar represented 31.5% and the Japanese yen 2.7%, specifies the DTFE, adding that the share of the debt at fixed interest rate amounted to 75% against 25% at variable rate.




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