Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

February 8, 2016

Preview Citation

Format: Chicago

Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco, (USA: International Monetary Fund, 2016) accessed November 24, 2024

Also available in: français

Summary

The 2015 Article IV Consultation discusses key issues related to the economic growth of Morocco. The macroeconomic situation of Morocco continues to improve. Although growth is recovering and should reach 4.7 percent in 2015, nonagricultural activity remains sluggish and inflation remains low. In 2016, growth will be affected by a base effect following the very good 2015 agricultural season, but a gradual recovery is expected in 2017. Although recent policy action and a more favorable external environment have yielded macroeconomic improvements, the reform needs to be maintained to secure longer-term stability and raise growth potential. Much remains to be done to secure higher and more inclusive growth.

Subject: Banking, Credit, Expenditure, External debt, Money, National accounts, Public debt

Keywords: Authority, CR, Credit, Dirham exchange rate, Europe, Exchange rate, Global, Government bureaucracy, Government policy, Headline inflation, ISCR, Maghreb, Monetary policy, Monetary policy transmission, Policy, Staff finding

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/035
Stock No:

1MAREA2016001
ISBN:

9781484391921
ISSN:

1934-7685

Notes

Full text also available in French

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