LONDON (Standard&Poor's) Nov. 30, 2011--Standard&Poor's Ratings Services said today that the ratings on Morocco (BBB-/Stable/A-3) are not immediately affected by the outcome of the recent parliamentary elections. Parliamentary elections in Morocco were originally scheduled for 2012 but were anticipated by one year following the adoption of a new constitution by referendum in July this year. Election results indicate that the Islamist party, Justice and Development (PJD) garnered 107 seats out of a total of 395 (from 47 seats in the smaller previous chamber of 325). The Istiqlal (independence) Party of the current prime minister, which has headed a five-party coalition since 2007, won 60, and his Koutla coalition allies 57. The Gathering of Independents (RNI) of
