Morocco : Staff Report for the 2003 Article IV Consultation.

This 2003 Article IV Consultation highlights that Morocco's growth performance over the last decade has not been strong enough to reduce poverty. Growth has also been volatile because of the impact of recurrent drought conditions on agricultural output. Economic conditions improved in 2002 desp...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Staff Country Reports; Country Report ; No. 2003/141
Online Access:Full text available on IMF
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520 3 |a This 2003 Article IV Consultation highlights that Morocco's growth performance over the last decade has not been strong enough to reduce poverty. Growth has also been volatile because of the impact of recurrent drought conditions on agricultural output. Economic conditions improved in 2002 despite a less favorable international environment, which was marked by a decline in tourism and external demand. Real GDP growth reached 4.5 percent reflecting a further rise in agricultural output and somewhat higher growth in the nonagricultural sectors. 
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