Morocco: Staff Report for the 2005 Article IV Consultation
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2005/418
Subject:
Exchange rate arrangements Expenditure External debt Foreign exchange Public debt Revenue administration
Notes:
Also available online in French.
English
Publication Date:
November 23, 2005
ISBN/ISSN:
9781451824766/1934-7685
Stock No:
1MAREA2005002
Pages:
60
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