Morocco is safe from the risks of the international financial crisis
10 November 2008
Read by 1597 persons
The Moroccan economy remains safe from the risks of the international financial crisis, the Minister of Communication and government spokesperson, Mr. Khalid Naciri, said on Tuesday in Rabat.
When questioned during a press conference following the government meeting, about the possible repercussions of the international financial crisis on the Moroccan economy, the minister stated that Morocco, unlike other developing countries, is not too involved in the international financial market, which protects it from this type of risk.
Morocco, he continued, adopts an objective, serious and responsible approach in dealing with this issue, avoiding excessive optimism or alarmism.
Moroccans must maintain confidence in national financial institutions and in the cautious approach adopted by the government in monitoring this issue, the minister added.
"We must remain confident in our ability to face such an international situation," he said.
Regarding whether this crisis is taken into account in the drafting of the 2009 Finance Bill, Mr. Naciri emphasized that the drafting of this bill takes into account all internal and external data.
He noted that the various ministerial departments are working to define a comprehensive and serious approach in the development of the Finance Bill, taking into consideration the social framework and maintaining macroeconomic balances.
M. Naciri also recalled the latest analyses published by many foreign media, including the British economic daily "Financial Times", which affirmed that Morocco is giving a balanced and serious approach to economic issues.
MAP
Published on October 9, 2008
Posted online on November 10, 2008
infosdumaroc.com
When questioned during a press conference following the government meeting, about the possible repercussions of the international financial crisis on the Moroccan economy, the minister stated that Morocco, unlike other developing countries, is not too involved in the international financial market, which protects it from this type of risk.
Morocco, he continued, adopts an objective, serious and responsible approach in dealing with this issue, avoiding excessive optimism or alarmism.
Moroccans must maintain confidence in national financial institutions and in the cautious approach adopted by the government in monitoring this issue, the minister added.
"We must remain confident in our ability to face such an international situation," he said.
Regarding whether this crisis is taken into account in the drafting of the 2009 Finance Bill, Mr. Naciri emphasized that the drafting of this bill takes into account all internal and external data.
He noted that the various ministerial departments are working to define a comprehensive and serious approach in the development of the Finance Bill, taking into consideration the social framework and maintaining macroeconomic balances.
M. Naciri also recalled the latest analyses published by many foreign media, including the British economic daily "Financial Times", which affirmed that Morocco is giving a balanced and serious approach to economic issues.
MAP
Published on October 9, 2008
Posted online on November 10, 2008
infosdumaroc.com
