## Morocco: Third Review Under the Two-Year Precautionary and Liquidity Line-Staff Report; Press Release; and Statement by the Executive Director for Morocco

_IMF Staff Country Reports, March 6, 2014_

## Source details

**Canonical URL:** [Morocco: Third Review Under the Two-Year Precautionary and Liquidity Line-Staff Report; Press Release; and Statement by the Executive Director for Morocco](https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-third-review-under-the-two-year-precautionary-and-liquidity-line-staff-report-press-41402)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/morocco-third-review-under-the-two-year-precautionary-and-liquidity-line-staff-report-press-41402/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/morocco-third-review-under-the-two-year-precautionary-and-liquidity-line-staff-report-press-41402/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/morocco-third-review-under-the-two-year-precautionary-and-liquidity-line-staff-report-press-41402/bundle-manifest.json)

## Bibliographic details
- Published: March 6, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475515497.002

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### Overview
- Reviews Morocco’s Third Review Under the Two Year Precautionary and Liquidity Line (PLL).
- PLL objective: to provide insurance against external risks while supporting the authorities’ program aimed at reducing fiscal and external vulnerabilities and increasing higher growth.
- Publication date on the landing page: March 6, 2014.
- Also available in French.

### Macroeconomic performance and outlook
- Macroeconomic performance improved in 2013.
- Outlook hinges on the sustained delivery of reforms.
- Continued improvement in economic conditions depends on the sustained implementation of reforms to:
  - further reduce vulnerabilities,
  - strengthen competitiveness,
  - incur stronger growth.

### Policy focus and priorities (as stated in the report)
- Reduce fiscal vulnerabilities.
- Reduce external vulnerabilities.
- Strengthen competitiveness.
- Support higher and stronger growth through sustained reform implementation.

### Subjects and keywords (as provided)
- Subject: Credit, External debt, Financial institutions, Fiscal policy, Loans, Money, Public debt
- Keywords: authorities adjustment, CR, Credit, deficit target, economy's resilience, Europe, GDP, Global, government, government coalition, IMF staff estimate, ISCR, Loans, Maghreb, Morocco, PLL review, PLL.

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## Content in this bundle

- **_cr1466 — Executive Summary**
  - [_cr1466 — Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1466.pdf.md){rel="alternate" type="text/markdown"}
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- **_cr1466f**
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  - [_cr1466f (PDF)](/-/media/websites/imf/imported-publications/external/french/pubs/ft/scr/2014/_cr1466f.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-third-review-under-the-two-year-precautionary-and-liquidity-line-staff-report-press-41402_
