{
  "title": "Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco",
  "publication": "IMF Staff Country Reports, February 8, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-2015-article-iv-consultation-press-release-staff-report-and-statement-by-the-43674",
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  "summary": "The 2015 Article IV Consultation discusses key issues related to the economic growth of Morocco. The macroeconomic situation of Morocco continues to improve. Although growth is recovering and should reach 4.7 percent in 2015, nonagricultural activity remains sluggish and inflation remains low.",
  "publishDate": "2016-02-08",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Macroeconomic situation and main findings",
      "content": "- The macroeconomic situation of Morocco continues to improve.\n- Growth is recovering and should reach 4.7 percent in 2015.\n- Nonagricultural activity remains sluggish.\n- Inflation remains low.\n- Recent policy action and a more favorable external environment have yielded macroeconomic improvements.\n- Much remains to be done to secure higher and more inclusive growth."
    },
    {
      "heading": "Growth outlook and near-term projections",
      "content": "- 2015: growth should reach 4.7 percent.\n- 2016: growth will be affected by a base effect following the very good 2015 agricultural season.\n- 2017: a gradual recovery is expected."
    },
    {
      "heading": "Policy implications and reform priorities",
      "content": "- Reform efforts need to be maintained to secure longer-term stability.\n- Reforms are required to raise growth potential.\n- Emphasis on securing higher and more inclusive growth."
    },
    {
      "heading": "Publication and document metadata",
      "content": "- Publication date: February 8, 2016\n- Pages: 62\n- Volume: 2016\n- Issue: 035\n- Series: Country Report No. 2016/035\n- DOI: https://doi.org/10.5089/9781484391921.002\n- Stock No: 1MAREA2016001\n- ISBN: 9781484391921\n- ISSN: 1934-7685\n- Available: Full text also available in French"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, Credit, Expenditure, External debt, Money, National accounts, Public debt\n- 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\n\nSource: Morocco: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco (IMF Staff Country Reports 2016, 035)\n\n---\n\n Content in this bundle\n\n- Cr1635\n  - Cr1635 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Cr1635f\n  - Cr1635f (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-2015-article-iv-consultation-press-release-staff-report-and-statement-by-the-43674"
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    "Published: February 8, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484391921.002",
    "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.",
    "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.",
    "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 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",
    "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",
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