Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco
IMF Staff Country Reports, February 8, 2016
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- Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco
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Bibliographic details
- Published: February 8, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484391921.002
Macroeconomic situation and main findings
- The macroeconomic situation of Morocco continues to improve.
- Growth is recovering and should reach 4.7 percent in 2015.
- Nonagricultural activity remains sluggish.
- Inflation remains low.
- Recent policy action and a more favorable external environment have yielded macroeconomic improvements.
- Much remains to be done to secure higher and more inclusive growth.
Growth outlook and near-term projections
- 2015: growth should reach 4.7 percent.
- 2016: growth will be affected by a base effect following the very good 2015 agricultural season.
- 2017: a gradual recovery is expected.
Policy implications and reform priorities
- Reform efforts need to be maintained to secure longer-term stability.
- Reforms are required to raise growth potential.
- Emphasis on securing higher and more inclusive growth.
Publication and document metadata
- Publication date: February 8, 2016
- Pages: 62
- Volume: 2016
- Issue: 035
- Series: Country Report No. 2016/035
- DOI: https://doi.org/10.5089/9781484391921.002
- Stock No: 1MAREA2016001
- ISBN: 9781484391921
- ISSN: 1934-7685
- Available: Full text also available in French
Subjects and keywords
- Subject: Banking, Credit, Expenditure, External debt, Money, National accounts, Public debt
- Keywords: authority, CR, Credit, dirham exchange rate, Europe, exchange rate, Global, government bureaucracy, government policy, headline inflation, ISCR, Maghreb, monetary policy, monetary policy transmission, policy, staff finding
Source: Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco (IMF Staff Country Reports 2016, 035)
Content in this bundle
- Cr1635
- Cr1635f