Morocco : Request for an Arrangement Under the Precautionary and Liquidity Line: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Morocco.

Author/Editor:

International Monetary Fund

Publication Date:

August 13, 2012

Electronic Access:

Free Full text (PDF file size is 1457 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Morocco’s track record of sound economic policies helped it withstand the recent economic crisis and regional social events. High oil prices have contributed to a build-up of fiscal and external pressures, but the government has taken action to address these vulnerabilities and are committed to continuing implementation of sound policies. Morocco has sound economic fundamentals and institutional policy frameworks, and performs strongly on three of the five Precautionary and Liquidity Line (PLL) qualification areas. A precautionary arrangement would support the policies by providing a financing buffer against exogenous shocks.

Series:

Country Report No. 12/239

Subject:

Notes:

Also available in French

Frequency:

Monthly

English

Publication Date:

August 13, 2012

ISBN/ISSN:

9781475506174/1934-7685

Stock No:

1MAREA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

62

Please address any questions about this title to publications@imf.org