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This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic …
Persistent link: https://www.econbiz.de/10011244207
This paper reviews Morocco’s Third Review Under the Two Year Precautionary and Liquidity Line (PLL). The PLL aims to provide insurance against external risks while supporting the authorities program aimed at reducing fiscal and external vulnerabilities and increasing higher growth. The...
Persistent link: https://www.econbiz.de/10011244288
Morocco’s sound economic performance has been challenged by domestic and external shocks. The Precautionary and Liquidity Line (PLL) program is on track, and its design remains adequate. The fiscal consolidation and efforts to rebuild buffers and address medium-term challenges taken up by...
Persistent link: https://www.econbiz.de/10011244993
This paper discusses Morocco’s 2013 Article IV Consultation on economic developments and policies. The IMF report highlights that despite unfavorable external and domestic environment Morocco’s economic performance has improved during 2013. The Morocco’s economy remains...
Persistent link: https://www.econbiz.de/10011245081
Morocco has made substantial progress in increasing inclusive growth over the past decade, but additional efforts in … strengthening inclusiveness remains a priority. This paper describes the fuel subsidy system in Morocco, introduces an organizing … to the case of Morocco. …
Persistent link: https://www.econbiz.de/10011245693
). Significant progress was made in implementing the reform agenda. The program remains broadly on track, and Morocco continues to …
Persistent link: https://www.econbiz.de/10011245772
This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using … growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …
Persistent link: https://www.econbiz.de/10008727792
Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab...
Persistent link: https://www.econbiz.de/10011242232
considers that Morocco continues to qualify for a PLL arrangement and recommends the approval of the authorities’ request. The …
Persistent link: https://www.econbiz.de/10011242732
This paper highlights Morocco’s Second Review Under the Precautionary and Liquidity Line. The IMF report analyzes that the 2012 fiscal outcome entailed a significant slippage from the authorities’ target and exposed vulnerabilities in the budget framework. Core inflation has...
Persistent link: https://www.econbiz.de/10011242751