Morocco: Central Bank Transparency Code Review
IMF Staff Country Reports, December 19, 2022
Source details
- Canonical URL
- Morocco: Central Bank Transparency Code Review
Other formats
Bibliographic details
- Published: December 19, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400227554.002
Summary
- The Bank Al-Maghrib (BAM) has implemented expanded and comprehensive transparency practices in a number of areas, notably related to the primary mandate of price stability and the shared mandate of financial stability.
- These transparency practices reflect the BAM’s public commitment to transparency anchored in the new 2019 BAM Law and articulated as a strategic orientation under the quinquennial plan for 2019-2023.
- This level of transparency enabled the BAM to gain the noteworthy trust of the stakeholders met by the mission and to safeguard its autonomy.
Key findings
- Expanded and comprehensive transparency practices have been implemented by BAM across multiple areas.
- Transparency is notably strong in areas related to:
- the primary mandate of price stability, and
- the shared mandate of financial stability.
- The BAM’s public commitment to transparency is anchored in the new 2019 BAM Law.
- The quinquennial plan for 2019-2023 articulates transparency as a strategic orientation.
- Stakeholders met by the mission demonstrated noteworthy trust in BAM attributable to these transparency practices.
- These transparency practices have contributed to safeguarding BAM’s autonomy.
Publication metadata and descriptors
- Publication title: Morocco: Central Bank Transparency Code Review
- Publication date: December 19, 2022
- Series: Country Report No. 2022/380
- Issue: 380
- Volume: 2022
- Pages: 109
- DOI: https://doi.org/10.5089/9798400227554.002
- Stock No: 1MAREA2022002
- ISBN: 9798400227554
- ISSN: 1934-7685
- Format mentioned: Download PDF; More Formats on IMF eLibrary; Order a Print Copy
- Citation preview (format: Chicago): International Monetary Fund. Monetary and Capital Markets Department "Morocco: Central Bank Transparency Code Review", IMF Staff Country Reports 2022, 380 (2022), accessed 9/11/2026, https://doi.org/10.5089/9798400227554.002
Subjects and keywords
- Subject: Exchange rate arrangements, Exchange rate policy, Financial sector policy and analysis, Financial sector stability, Foreign exchange, International organization, Monetary policy, Revenue administration, Revenue administration transparency and accountability
- Keywords: bank-Al Maghrib, Exchange rate arrangements, Exchange rate policy, Financial sector stability, Global, IMF central bank transparency code, IMF mission, Maghreb, production assistance, Revenue administration transparency and accountability, staff team of the International Monetary Fund
International Monetary Fund. Monetary and Capital Markets Department "Morocco: Central Bank Transparency Code Review", IMF Staff Country Reports 2022, 380 (2022).
Content in this bundle
- Morocco—Central Bank Transparency Code Review; IMF Country Report No. 22/380; December 12, 2022