Morocco: Staff Report for the 2004 Article IV Consultation

June 9, 2004

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Morocco: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed December 27, 2024

Also available in: français

Summary

This 2004 Article IV Consultation highlights that Morocco’s macroeconomic conditions remained strong in 2003. Growth increased to 5.5 percent because of an exceptionally good cereal production, while non-agricultural growth showed signs of revival. Inflation was below 2 percent and the external position strengthened further. External reserves reached the equivalent of 10 months of imports of goods and services and covered the totality of external public and publicly guaranteed debt. Macroeconomic conditions are projected to remain broadly unchanged in 2004.

Subject: Economic sectors, Exchange rate flexibility, Expenditure, External debt, Foreign exchange, Privatization, Public debt

Keywords: Authorities' effort, Authorities' intention, Authorities' plan, CR, Debt, Debt ratio, Exchange rate flexibility, GDP deflator, Government coalition, Government debt to GDP ratio, Government share, ISCR, Liberalization, Maghreb, Moroccan authorities, Privatization, Privatization program, Privatization revenue, Regime, State

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/162
Stock No:

1MAREA0012004
ISBN:

9781451824698
ISSN:

1934-7685

Notes

Also available online in French.

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