Morocco: Staff Report for the 2005 Article IV Consultation

November 23, 2005

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Morocco: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 23, 2024

Also available in: français

Summary

This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004, macroeconomic and financial conditions remained stable. The unfavorable agricultural campaign is expected to affect macroeconomic conditions in 2005. The current account is likely to register a small deficit partly because of a high level of imports of food products and a higher oil bill.

Subject: Exchange rate arrangements, Expenditure, External debt, Foreign exchange, Public debt, Revenue administration

Keywords: Authorities' effort, Authorities' openness, Authorities' plan, Authorities' resolve, Authority, CR, Europe, Exchange rate arrangements, ISCR, Maghreb, Targeted reduction

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/418
Stock No:

1MAREA2005002
ISBN:

9781451824766
ISSN:

1934-7685

Notes

Also available online in French.

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