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Morocco : Second Review Under the Arrangement Under the Precautionary and Liquidity Line
Press Release; Staff Report; and Statement by the Executive Director for Morocco

Series:Country Report No. 20/14
ISBN 9781513527055
Code: #1MAREA2020001

Publication year: 2020

Cdn: $25.00; US: $18.00
Paperback
Language: English
48 pages
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Despite a challenging external environment, four successive PLL arrangements since 2012 have supported reforms to strengthen macroeconomic resilience, economic growth and inclusion. Yet, economic growth, below 3 percent, is not robust enough and unemployment remains high, especially among the youth and women. Growth is also subject to elevated risks, including weak economic growth in the euro area, and geopolitical risks. In this environment, Morocco needs to step up reforms to further enhance its macroeconomic resilience, build buffers, and move towards more private sector-led, inclusive and job-rich growth. Priority areas include: taxation; public governance and the fight against corruption; social spending to reduce inequalities; labor market and education reforms; and greater exchange rate flexibility.
Morocco : Second Review Under the Arrangement Under the Precautionary and Liquidity Line
Cdn: $25.00; US: $18.00
International Monetary Fund (IMF) BookID: 126973 Added: 2020.2.9