Morocco : 2018 Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

January 24, 2019

Electronic Access:

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Summary:

Following the expiration of the third Precautionary and Liquidity Line (PLL) arrangement, in July 2018, the authorities have requested a new PLL arrangement. They did not draw on the last three arrangements and have made further progress in reducing domestic vulnerabilities in recent years, despite a sharp pick up in oil prices. In an external environment that remains subject to important downside risks, a successor arrangement will support the authorities’ policies to strengthen the economy’s resilience and promote higher and more inclusive growth.

Series:

Country Report No. 19/24

Subject:

English

Publication Date:

January 24, 2019

ISBN/ISSN:

9781484396001/1934-7685

Stock No:

1MAREA2019001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

68

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