Morocco : Second Review under the Precautionary and Liquidity Line.

This paper highlights Morocco's Second Review Under the Precautionary and Liquidity Line. The IMF report analyzes that the 2012 fiscal outcome entailed a significant slippage from the authorities' target and exposed vulnerabilities in the budget framework. Core inflation has remained low w...

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Бібліографічні деталі
Співавтор: International Monetary Fund. Middle East and Central Asia Dept
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2013.
Серія:IMF Staff Country Reports; Country Report ; No. 2013/302
Онлайн доступ:Full text available on IMF
Опис
Резюме:This paper highlights Morocco's Second Review Under the Precautionary and Liquidity Line. The IMF report analyzes that the 2012 fiscal outcome entailed a significant slippage from the authorities' target and exposed vulnerabilities in the budget framework. Core inflation has remained low while the unemployment rate remained about 9 percent. After worsening in 2012, the current account has been improving in 2013, while reserves have stabilized at about four months of imports. Liquidity conditions have remained tight, and credit growth has continued to decelerate, driven by both supply and demand factors.
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Фізичний опис:1 online resource (45 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students