IMF Staff Country Reports

Morocco: Central Bank Transparency Code Review

December 19, 2022

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Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Morocco: Central Bank Transparency Code Review", IMF Staff Country Reports 2022, 380 (2022), accessed 12/5/2025, https://doi.org/10.5089/9798400227554.002

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Summary

The Bank Al-Maghrib (BAM) has implemented expanded and comprehensive transparency practices in a number of areas, notably related to the primary mandate of price stability and the shared mandate of financial stability. This reflects the BAM’s public commitment to transparency anchored in the new 2019 BAM Law and articulated as a strategic orientation under the quinquennial plan for 2019-2023. This level of transparency enabled the BAM to gain the noteworthy trust of the stakeholders met by the mission and to safeguard its autonomy.

Subject: Exchange rate arrangements, Exchange rate policy, Financial sector policy and analysis, Financial sector stability, Foreign exchange, International organization, Monetary policy, Revenue administration, Revenue administration transparency and accountability

Keywords: bank-Al Maghrib, Exchange rate arrangements, Exchange rate policy, Financial sector stability, Global, IMF central bank transparency code, IMF mission, Maghreb, production assistance, Revenue administration transparency and accountability, staff team of the International Monetary Fund