Morocco Weighing First Foreign Bond in Over Year, Minister Says

Morocco is considering issuing an international bond in 2024 for the first time in more than a year, as the sovereign that’s seeking to recover its investment grade makes headway in reducing the budget deficit.

Improving public finances are insulating the kingdom, but that “does not mean we don’t want to return to international financial markets,” Finance and Economy Minister Nadia Fettah Alaoui said in an interview Wednesday on the sidelines of a gathering of Arab finance officials in Egypt’s new administrative capital.

Nadia Fettah Alaoui

Photographer: Hollie Adams/Bloomberg

“We are constantly monitoring international markets,” she said, declining to discuss the size of any planned ...