Morocco: First Review Under the Arrangement Under the Precautionary And Liquidity Line
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Summary:
This paper discusses Morocco’s First Review Under the Arrangement Under the Precautionary and Liquidity Line (PLL). Significant progress was made in implementing the reform agenda. The program remains broadly on track, and Morocco continues to meet the qualification criteria for a PLL. The fiscal end-September indicative target was missed by 0.7 percent of GDP. Subject to the Executive Board’s positive assessment in the context of the 2014 Article IV consultation, the IMF staff recommends the completion of the first review under the PLL arrangement.
Series:
Country Report No. 2015/044
Subject:
Credit External debt Financial institutions Loans Money Oil prices Prices Public debt
Notes:
English
Publication Date:
February 23, 2015
ISBN/ISSN:
9781498316552/1934-7685
Stock No:
1MAREA2015002
Pages:
33
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