Morocco : 2018 Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Morocco.

Following the expiration of the third Precautionary and Liquidity Line (PLL) arrangement, in July 2018, the authorities have requested a new PLL arrangement. They did not draw on the last three arrangements and have made further progress in reducing domestic vulnerabilities in recent years, despite...

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Bibliographic Details
Corporate Author: International Monetary Fund. Middle East and Central Asia Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Staff Country Reports; Country Report ; No. 2019/024
Online Access:Full text available on IMF
Description
Summary:Following the expiration of the third Precautionary and Liquidity Line (PLL) arrangement, in July 2018, the authorities have requested a new PLL arrangement. They did not draw on the last three arrangements and have made further progress in reducing domestic vulnerabilities in recent years, despite a sharp pick up in oil prices. In an external environment that remains subject to important downside risks, a successor arrangement will support the authorities' policies to strengthen the economy's resilience and promote higher and more inclusive growth.
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Physical Description:1 online resource (68 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students