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Morocco: Request for an Arrangement Under the Flexible Credit Line and Cancellation of Current Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Morocco

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  • International Monetary Fund

Abstract

The Moroccan economy showed remarkable resilience to recent shocks, although a succession of droughts severely curtailed agricultural production and pushed unemployment to historical highs. Morocco's very strong institutional and policy framework has been effective in addressing these shocks, with well-calibrated fiscal, monetary, and financial policies. The authorities continue to implement their ambitious structural reform agenda, towards a more resilient, greener, inclusive, private sector-led growth, and further strengthening their institutional policy frameworks. The authorities remain fully committed to maintaining very strong policies and policy frameworks.

Suggested Citation

  • International Monetary Fund, 2025. "Morocco: Request for an Arrangement Under the Flexible Credit Line and Cancellation of Current Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Morocco," IMF Staff Country Reports 2025/094, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/094
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    Keywords

    FCL arrangement; External Economic Stress index; FCL qualification criteria; qualification criteria; Morocco's economy; Inflation; Assessing reserve adequacy (ARA); Loans; Global;
    All these keywords.

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