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Morocco calls for us debt swap
Morocco, Economics, 11/2/1999
Cooperation Secretary of State Aicha Belarbi called Monday the United States to swap Moroccan debt to investments in a similar move to those already initiated by France, Spain and Italy.
Meeting members of the American Private Investors Institute, Belarbi underscored incentives and opportunities provided by Morocco for foreign investors and expanding prospects for neighboring markets.
She explained major reforms meant to attract more foreign firms as a key factor in lasting development and hailed increasing economic cooperation between the kingdom and the United States.
Previous Stories:
Government studies law to alleviate civil servants' over-indebtedness
(10/29/1999)
Spanish ambassador calls for mutually-profitable partnership with Morocco
(10/28/1999)
Moroccan foreign debt worth $18 billion US
(10/27/1999)
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