Showing 1 - 10 of 72
account deficit to low levels. Morocco continues to make progress in bolstering its resilience against climate change and … energies (RE). This will not only help Morocco achieve its NDC targets but would also reduce its reliance on imported fuels …
Persistent link: https://www.econbiz.de/10015328253
The Moroccan economy once again showed resilience to negative shocks in 2023, as economic activity accelerated, inflation slowed, and the current account deficit narrowed despite headwinds from water scarcity (which caused a severe loss of jobs in the agricultural sector), the September 2023...
Persistent link: https://www.econbiz.de/10015058472
Climate change is both a major threat and a source of opportunities for Morocco's development. On one hand, Morocco is … shift in consumption behavior. On the other hand, Morocco can take advantage of its abundant competitive renewable energy … could reduce Morocco´s reliance on imported fuels, help Moroccan firms' competitiveness in neighboring markets that are …
Persistent link: https://www.econbiz.de/10015058982
This paper presents Morocco's Request for an Arrangement under the Flexible Credit Line (FCL). Morocco qualifies for … Ukraine would lower external demand, increase commodity price volatility, and tighten external financial conditions. Morocco … Russia's war in Ukraine. The arrangement will enhance Morocco's external buffers and provide insurance against plausible tail …
Persistent link: https://www.econbiz.de/10015059491
toll on Morocco's economy in 2022, despite the authorities' very strong policy response. Despite the increase in current … monetary policy space and high uncertainty call for accelerating structural reforms to strengthen the resilience of Morocco … demand and increase Morocco's growth potential over the medium term. Important steps have been made toward expanding social …
Persistent link: https://www.econbiz.de/10015059769
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. This reflects the BAM's public commitment to transparency anchored in the new...
Persistent link: https://www.econbiz.de/10015059882
EXECUTIVE SUMMARYMoroccoâ s economic track record was challenged in recent years by a series ofexogenous shocks, to which the authorities responded vigorously. Facing a difficultinternational environment, the authorities adopted, with the support of the Fundâ sPrecautionary and Liquidity Line...
Persistent link: https://www.econbiz.de/10013042508
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
This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic …
Persistent link: https://www.econbiz.de/10011244207