{
  "title": "Morocco: Request for an Arrangement Under the Precautionary and Liquidity Line and Cancellation of the Current Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Morocco",
  "publication": "IMF Staff Country Reports, August 2, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156",
  "overlayPath": "/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/index.md",
  "summary": "This paper discusses Morocco’s request for an arrangement under the Precautionary and Liquidity Line (PLL) and cancellation of the current arrangement. Morocco’s economic fundamentals and policy frameworks are sound.",
  "publishDate": "2016-08-02",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary and context",
      "content": "- The paper discusses Morocco’s request for an arrangement under the Precautionary and Liquidity Line (PLL) and cancellation of the current arrangement.\n- Morocco’s economic fundamentals and policy frameworks are described as sound.\n- The country is implementing sound policies and remains committed to maintaining such policies in the future."
    },
    {
      "heading": "IMF staff assessment",
      "content": "- IMF staff assesses that Morocco performs strongly in four of the five areas of PLL qualification.\n- IMF staff assesses that Morocco does not substantially underperform in the fiscal area.\n- IMF staff finds that Morocco does not face any of the circumstances under which the IMF might no longer approve a PLL arrangement."
    },
    {
      "heading": "Recommendation",
      "content": "- The IMF staff recommends the approval of the authorities’ request for an arrangement under the Precautionary and Liquidity Line and the cancellation of the current arrangement."
    },
    {
      "heading": "Subject matter and keywords",
      "content": "- Subject: Balance of payments, Credit, Current account, External debt, Money, Oil prices, Prices, Public debt\n- Keywords: a number of reform, authority, CR, Credit, Current account, Global, IMF Deputy managing director, ISCR, Maghreb, nonagricultural GDP growth, Oil prices, PLL, policy implementation, price development, reform, SDR, Sub-Saharan Africa\n\n---\n\n Content in this bundle\n\n- Cr16265 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/bundle-manifest.json)",
    "Published: August 2, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475521825.002",
    "The paper discusses Morocco’s request for an arrangement under the Precautionary and Liquidity Line (PLL) and cancellation of the current arrangement.",
    "Morocco’s economic fundamentals and policy frameworks are described as sound.",
    "The country is implementing sound policies and remains committed to maintaining such policies in the future.",
    "IMF staff assesses that Morocco performs strongly in four of the five areas of PLL qualification.",
    "IMF staff assesses that Morocco does not substantially underperform in the fiscal area.",
    "IMF staff finds that Morocco does not face any of the circumstances under which the IMF might no longer approve a PLL arrangement.",
    "The IMF staff recommends the approval of the authorities’ request for an arrangement under the Precautionary and Liquidity Line and the cancellation of the current arrangement.",
    "Subject: Balance of payments, Credit, Current account, External debt, Money, Oil prices, Prices, Public debt",
    "Keywords: a number of reform, authority, CR, Credit, Current account, Global, IMF Deputy managing director, ISCR, Maghreb, nonagricultural GDP growth, Oil prices, PLL, policy implementation, price development, reform, SDR, Sub-Saharan Africa",
    "[Cr16265 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16265.pdf){rel=\"external\" type=\"application/pdf\"}"
  ],
  "related": [
    {
      "title": "Cr16265",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16265.pdf",
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16265.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/index.md",
    "json": "/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/31/morocco-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-and-44156/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-27T17:32:14.224Z"
}