Morocco: 2006 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Morocco
Electronic Access:
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Summary:
The macroeconomic environment is sound, with low inflation and a comfortable external position, although the fiscal position remains a concern for the medium term. The authorities have successfully privatized and liberalized the telecommunications, energy, and transportation sectors. Moreover, Morocco has significantly liberalized its trade regime and strengthened its financial sector. These reforms have enhanced the overall productivity of the economy and heightened its resilience to shocks. The medium-term outlook is favorable. The government debt-to-GDP ratio has declined steadily since the turn of the century.
Series:
Country Report No. 2006/413
Subject:
Expenditure External debt Fiscal consolidation Fiscal policy Fiscal stance Public debt
Notes:
Also available online in French.
English
Publication Date:
November 21, 2006
ISBN/ISSN:
9781451824797/1934-7685
Stock No:
1MAREA2006001
Pages:
46
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