Morocco: First Review Under the Arrangement Under the Precautionary And Liquidity Line

February 23, 2015

Preview Citation

Format: Chicago

Morocco: First Review Under the Arrangement Under the Precautionary And Liquidity Line, (USA: International Monetary Fund, 2015) accessed September 26, 2024

Also available in: français

Summary

This paper discusses Morocco’s First Review Under the Arrangement Under the Precautionary and Liquidity Line (PLL). Significant progress was made in implementing the reform agenda. The program remains broadly on track, and Morocco continues to meet the qualification criteria for a PLL. The fiscal end-September indicative target was missed by 0.7 percent of GDP. Subject to the Executive Board’s positive assessment in the context of the 2014 Article IV consultation, the IMF staff recommends the completion of the first review under the PLL arrangement.

Subject: Credit, External debt, Financial institutions, Loans, Money, Oil prices, Prices, Public debt

Keywords: Accounts payable, Adjustment plan, CR, Credit, Deficit, Europe, GDP, Global, IMF Deputy managing director, Interest margin-commission, ISCR, Loans, Market access, Monetary policy, Morocco's market access, Oil prices, PLL criteria, Policy, Price hike, Sub-Saharan Africa

Publication Details

Pages:

33
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/044
Stock No:

1MAREA2015002
ISBN:

9781498316552
ISSN:

1934-7685

Notes

Also available in French

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