01900cas a2200241 a 4500 AALejournalIMF017701 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484303146 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Morocco : First Review Under the Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Morocco. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (39 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Morocco's First Review under the Arrangement under the Precautionary and Liquidity Line (PLL). Morocco's economic fundamentals and policy frameworks are sound. The country is implementing well-constructed policies and remains committed to maintaining such policies in the future. The September 2016 quantitative indicative targets (ITs) were met. The end-March 2017 fiscal deficit ITs were met, but the end-March 2017 reserves ITs were missed owing to the widening current account deficit since July 2016. The authorities have not drawn on the arrangement and continue to treat it as precautionary. The IMF staff recommends the completion of the first review under the PLL arrangement. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/146 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/146/002.2017.issue-146-en.xml IMF e-Library