Morning Brief February 9th, 2024

ECONOMIC HEADLINES
| MOROCCO | RATING | An increase of 6% y-o-y at the end of January 2024
At the end of January 2024, Official Reserve Assets reached MAD 354.5 Bn. These show an increase of 6.0% year-on-year and 0.1% compared to the previous week.

| TUNISIA | WORKERS REMITTANCES | An increase of 4% in January 2024
In January 2024, Tunisia’s workers remittances recorded an increase of 4.1% compared to the same period of the previous year, to reach TND 629.9 Mn.

| GABON | RATING | Fitch Ratings affirms Gabon at “B-”
As of February 8th 2024, the international rating agency Fitch Ratings confirmed Gabon's long-term foreign currency issuer de-fault rating at “B-”. Meanwhile, the rating agency revised the growth outlook from “negative” to “stable”.

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