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Keywords: Debt


CMI unveils "Fatourati Collect" to transform debt collection for Moroccan businesses

The Centre Monétique Interbancaire (CMI) has launched “Fatourati Collect,” a digital platform designed to streamline debt collection processes for businesses across Morocco. Introduced on September 7, 2025, this innovative service aims to enhance operational efficiency, reduce payment......

France’s credit rating downgraded amid political and financial uncertainty

France’s credit rating was downgraded on Friday by Fitch, one of the world’s major rating agencies, marking the lowest level the country has ever received from a top institution. The downgrade, from “AA-” to “A+”, highlights growing concerns over France’s mounting......

France’s debt crisis deepens as prime minister faces confidence vote

France is grappling with an escalating sovereign debt crisis that threatens to destabilize the eurozone's second-largest economy as political turmoil compounds the government’s challenges. Prime Minister François Bayrou faces a critical confidence vote on Monday that could lead to his......

Bayrou faces political turmoil as France braces for confidence vote

France is entering a period of political uncertainty as Prime Minister François Bayrou prepares for a crucial confidence vote on September 8 over his debt-reduction plan. The proposal, aimed at saving €44 billion ($51 billion), has drawn sharp criticism from opposition parties and unions,......

Evergrande to be delisted from Hong Kong Stock Exchange after years of financial turmoil

China’s Evergrande Group, once a symbol of the nation’s real estate boom, will be officially delisted from the Hong Kong Stock Exchange on August 25 after 16 years of trading. The company, regarded as the world’s most indebted property developer with liabilities exceeding $300 billion......

Moroccan household debt declines slightly in 2024, government workers remain most indebted

Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......

Trump solidifies GOP control with controversial budget bill

The passage of the "Big Beautiful Bill" on Thursday cemented former President Donald Trump's dominance over the Republican Party. Despite internal dissent, Trump managed to rally his party behind the sweeping legislation, which is projected to add trillions to the national debt while implementing......

Hakim Ziyech Faces $720,000 Tax Dispute in Turkey as Galatasaray Takes Responsibility

Moroccan footballer Hakim Ziyech is embroiled in a financial controversy in Turkey, with Turkish authorities revealing an unpaid tax debt of approximately $720,000. The issue stems from Ziyech’s tenure with Istanbul-based football club Galatasaray, which he left during the 2023–2024 winter......

Morocco among Africa’s top debtors, faces growing external risks

Morocco has emerged as the fourth most indebted country in Africa, with external debt reaching $45.65 billion in 2023, according to a report by the African Export-Import Bank (Afreximbank). The report, titled “State of Play of Debt Burden in Africa and the Caribbean," highlights Morocco’s......