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Morocco: First Review Under the Arrangement Under the Precautionary And Liquidity Line

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2015. "Morocco: First Review Under the Arrangement Under the Precautionary And Liquidity Line," IMF Staff Country Reports 2015/044, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/044
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=42719
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