European Parliament Library

Morocco :, 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice; and Statement by the Executive Director for Morocco

The 2008 Article IV Consultation discusses the economic growth for Morocco, which has made major progress to strengthen the economy’s resilience to shocks. Sound macroeconomic policies combined with sustained structural reforms and the opportunities provided by globalization have resulted in a gradual improvement in living standards. Executive Directors considered that Morocco’s universal subsidy scheme is the most important policy issue facing the authorities. They shared the authorities’ assessment of the main upside risks to inflation, including possible second-round effects from higher imported prices and increased demand pressures
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Economic and Financial Developments; Boxes; 1. Morocco's Strong Revenue Performance; 2. Assessment of the Real Exchange Rate; III. Medium-Term Outlook and Risks; 3. Financial Spillovers from Global Credit Turmoil; IV. Policy Discussions; A. Ensuring Sound Medium-Term Public Finances; B. Minimizing Risks through a Stronger Financial System; 4. FSAP Update: Overview and Main Recommendations; C. Progress Toward a More Flexible Monetary and Exchange Rate Regime; D. Additional Policies to Boost Growth and Strengthen Economic Management
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (53 p.)
Specific Material Designation
Form Of Item

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