Doha – Business insolvencies in Morocco are expected to increase over the 2024-2025 period, according to a recent global report from Allianz Trade.
Titled “Global Insolvency Outlook: The ebb and flow of the insolvency wave,” the document places Morocco among the countries experiencing a “noticeable increase” in situations where companies are unable to meet their financial obligations, leading to business closures or debt restructuring.
The report forecasts that business insolvencies in Morocco will rise by 13% in 2024 and 8% in 2025. It highlights a significant increase in insolvencies, from 12,397 cases in 2022 to 14,245 in 2023. This figure is expected to reach 16,100 in 2024 and 17,400 in both 2025 and 2026.
The…
