This Selected Issues paper for Morocco discusses possible fiscal policy anchors, specifically deficit targets, and the … sustainability of the resulting fiscal paths. Morocco has made great progress toward fiscal consolidation in recent years, under the … combined effect of a strong revenue performance and efforts to tackle expenditure rigidities, notably the wage bill. Morocco …

telecommunications, energy, and transportation sectors. Moreover, Morocco has significantly liberalized its trade regime and strengthened …

Morocco’s strong starting position, reflecting macroeconomic and structural reforms introduced over the last decade …, has given the country greater room to maneuver in its policy response. The direct impact of the global crisis on Morocco … has been limited, primarily affecting Morocco through real channels. Exports, tourism receipts, remittances, and foreign …

The Financial System Stability Assessment of Morocco reviews the reform program that is aimed at establishing a modern …

This 2003 Article IV Consultation highlights that Morocco’s growth performance over the last decade has not been strong …

This report evaluates Morocco’s fiscal transparency practices and assesses compliance with the IMF’s Code of Good … Practices on Fiscal Transparency. Morocco’s fiscal management system, which remains highly centralized, is essentially reliable …

medium term. It assesses the sustainability of public debt in Morocco. The paper uses the analytical framework for assessing … debt sustainability in emerging market countries endorsed by the IMF Executive Board and compares Morocco’s vulnerabilities … with those of the average emerging market country. The paper also examines the effects on Morocco’s trade pattern of the …

This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to …