Morocco: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco
IMF Staff Country Reports, July 16, 2019
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- Morocco: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco
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Bibliographic details
- Published: July 16, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498325899.002
Macroeconomic outlook and key projections
- Gradually increasing growth, moderate inflation, and stronger external and fiscal buffers are expected over the medium term, benefiting from sustained reform implementation.
- Outlook subject to significant domestic and external risks:
- delays in implementing reforms
- lower growth in key partner countries (particularly in the euro area)
- higher oil prices
- geopolitical risks
- volatile financial conditions
Main areas of policy focus and recommendations
- Strengthen the resilience of the economy through:
- continued fiscal reforms
- greater exchange rate flexibility
- strengthened financial sector soundness
- Advance mutually-reinforcing and properly sequenced reforms to raise growth and inclusion, including:
- improving public sector governance
- promoting private sector development
- reducing inequalities
Discussions and analytical emphasis
- The discussions mainly focused on:
- fiscal consolidation and reforms to bolster macroeconomic resilience
- exchange rate policy adjustments to enhance external resilience
- financial sector reforms to ensure soundness and stability
Publication and document metadata (as provided)
- Date: July 16, 2019
- Pages: 74
- Volume: 2019
- Issue: 230
- Series: Country Report No. 2019/230
- DOI: https://doi.org/10.5089/9781498325899.002
- Stock No: 1MAREA2019003
- ISBN: 9781498325899
- ISSN: 1934-7685
International Monetary Fund. Middle East and Central Asia Dept. "Morocco: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco", IMF Staff Country Reports 2019, 230 (2019).
Content in this bundle
- 1marea2019003