Morocco: 2013 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Morocco

March 6, 2014

Preview Citation

Format: Chicago

Morocco: 2013 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Morocco, (USA: International Monetary Fund, 2014) accessed November 22, 2024

Also available in: français

Summary

This paper discusses Morocco’s 2013 Article IV Consultation on economic developments and policies. The IMF report highlights that despite unfavorable external and domestic environment Morocco’s economic performance has improved during 2013. The Morocco’s economy remains vulnerable to international conditions and a difficult regional environment. It focuses on the importance of giving more flexibility in the exchange rate regime that intends to support competitiveness, enhance the capacity of the economy to absorb shocks, and support the authorities’ strategy for diversifying external flows away from Europe.

Subject: Balance of payments, Banking, Credit, Current account, Employment, Financial institutions, Fiscal policy, Labor, Loans, Money

Keywords: Authorities adjustment, CR, Credit, Current account, Deficit target, Dirham exchange rate, Employment, Europe, Exchange rate, Global, Government, Government coalition, Holding, IMF staff estimate, ISCR, Loans, Maghreb

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/065
Stock No:

1MAREA2014001
ISBN:

9781484327999
ISSN:

1934-7685

Notes

Also available in French

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