Morocco: Second Review Under the Arrangement Under the Precautionary and Liquidity Line(PLL)-Press Release; Staff Report; and Statement by the Executive Director for Morocco
IMF Staff Country Reports, September 8, 2017
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- Morocco: Second Review Under the Arrangement Under the Precautionary and Liquidity Line(PLL)-Press Release; Staff Report; and Statement by the Executive Director for Morocco
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Bibliographic details
- Published: September 8, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484317365.002
Economic outlook and growth
- "Growth prospects for 2017 have improved, but nonagricultural growth is subdued."
- Subject tags: Balance of payments, Credit, Current account deficits, External debt, External position, Imports, Money, Public debt
- Keywords: Africa, CR, Credit, Current account deficits, Global, government, government program, IMF arrangement, ISCR, Maghreb, Morocco's Precautionary and Liquidity Line, PLL qualification criteria, policy, policy implementation, reform
External position and reserves
- "The current account deficit is projected to decline and international reserves are at a comfortable level."
PLL qualification assessment
- "The IMF staff assesses that Morocco continues to meet the PLL qualification criteria"
- Performance by area:
- Performs strongly in four out of the five areas of PLL qualification: external, monetary, financial, and data.
- "Does not substantially underperform in the fifth area (fiscal)."
Staff recommendation
- "The IMF staff recommends the completion of the second review under the PLL arrangement."
Content in this bundle
- Country Report