Morocco; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Morocco

This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004, macroeconomic and financial conditions remained stable. The unfavorable agricultural campaign is expected to affect macroeconomic conditions in 2005. The current account is likely to register a small deficit partly because of a high level of imports of food products and a higher oil bill.

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Year of publication:	2005-11-23
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Budget deficits \| Economic conditions \| Exchange rates \| Poverty \| Privatization \| Revenues \| Unemployment \| balance of payments \| external debt \| current account \| exchange rate regime \| external financing \| trade liberalization \| central bank \| current account balance \| government debt \| current account deficit \| indirect taxes \| public debt \| debt ratio \| debt sustainability \| public sector debt \| short-term debt \| debt service \| world economy \| nominal interest rate \| domestic demand \| import taxes \| total external debt \| domestic financing \| terms of trade \| export growth \| public and publicly guaranteed \| reserve assets \| debt stock \| oil prices \| exchange rate regimes \| debt dynamics \| free trade \| public and publicly guaranteed debt \| external debt sustainability \| increasing integration \| long-term debt \| trade agreement \| output volatility \| vertical integration \| domestic market \| public finances \| capital account liberalization \| exchange rate policies \| domestic debt \| reserve asset \| private credit \| free trade zones \| domestic competition \| long-term loans \| debt \| net debt \| trade agreements \| output growth \| trading partners \| domestic currency \| external shocks \| trade deficit \| tariff rates \| external position \| currency composition \| investment goods \| quantitative restrictions \| producer price index \| publicly-guaranteed \| tariff lines \| free trade agreement \| import prices \| unemployment rate \| oil imports \| domestic debt market \| equilibrium model \| agricultural exports \| export opportunities \| tariff rate \| average tariff rate \| mfn tariffs \| private debt \| foreign currency debt \| external debt data \| employment growth \| debt data \| trade regime \| average tariff \| exchange rate risk \| global trade \| terms of trade shocks \| fixed capital formation \| rules of origin \| global trade analysis \| impact of trade \| national social \| official creditors \| external debt service \| skilled workers \| import tariffs \| currency debt \| budget projections \| foreign trade \| general resources account \| investor confidence \| accelerating growth \| world markets \| debt statistics \| debt market \| exchange rate policy \| external debt statistics \| trade integration \| tariff structure \| import tariff \| per capita income \| debt outstanding \| repayments \| external trade \| regulatory framework \| reserve accumulation \| unskilled workers \| impact of trade liberalization \| domestic banks \| tariff reduction \| debt sustainability analysis \| principal trading partners \| foreign debt

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/418 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005824903