Morocco: Staff Report for the 2001 Article IV Consultation
IMF Staff Country Reports, November 13, 2001
Source details
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- Morocco: Staff Report for the 2001 Article IV Consultation
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Bibliographic details
- Published: November 13, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451824674.002
Executive summary
- Morocco has been able to establish macroeconomic stability and industrial country levels of inflation, despite adverse weather conditions and terms-of-trade developments.
- Executive Directors welcomed these developments, and stressed the need to reduce unemployment and poverty.
- They appreciated the robust banking system, and emphasized the need to tighten macroeconomic policies and accelerate structural reforms.
- They commended the efforts taken in improving the timeliness and dissemination of statistical data, and agreed to undertake a Report on the Observance of Standards and Codes on statistics.
Major findings and analysis
- Macroeconomic stability achieved alongside industrial country levels of inflation, despite adverse weather and terms-of-trade developments.
- Banking system characterized as robust by Executive Directors.
- Ongoing concerns: unemployment and poverty require further action.
- Statistical system: improvements in timeliness and dissemination noted; an ROSC (Report on the Observance of Standards and Codes) on statistics was agreed.
Policy recommendations and priorities
- Tighten macroeconomic policies.
- Accelerate structural reforms.
- Continue efforts to reduce unemployment and poverty.
- Improve and maintain statistical timeliness and dissemination; complete the agreed Report on the Observance of Standards and Codes on statistics.
Metadata and classification
- Subject: Expenditure, Fiscal policy, Fiscal stance, Public debt, Revenue administration, Tariffs, Taxes
- Keywords: authorities' effort, Bank Al-Maghrib, CR, exchange rate, Fiscal stance, GDP, government, ISCR, liberalization, Maghreb, Morocco, nonagricultural GDP growth, price, privatization proceeds, Tariffs
- Publication date: November 13, 2001
- Pages: 69
- Volume: 2001
- Issue: 205
- Series: Country Report No. 2001/205
- DOI: https://doi.org/10.5089/9781451824674.002
- Stock No: 1MAREA0012001
- ISBN: 9781451824674
- ISSN: 1934-7685
International Monetary Fund. "Morocco: Staff Report for the 2001 Article IV Consultation", IMF Staff Country Reports 2001, 205 (2001).