1.

Record Nr.

UNINA9910165033903321

Titolo

Morocco : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

1-4755-7474-6

1-4755-7477-0

Descrizione fisica

1 online resource (70 pages) : color illustrations, tables, graphs

Collana

IMF Staff Country Reports

Disciplina

330.96405

Soggetti

International Monetary Fund - Morocco

Money and Monetary Policy

International Economics

Public Finance

Foreign Exchange

Exports and Imports

Industries: Financial Services

Monetary Policy

International Agreements and Observance

International Organizations

Debt

Debt Management

Sovereign Debt

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

International Lending and Debt Problems

Monetary economics

International institutions

Public finance & taxation

Currency

Foreign exchange

International economics

Finance

Monetary policy

International organization

Public debt

Credit

Money

External debt



Exchange rate flexibility

Loans

Financial institutions

International agencies

Debts, Public

Debts, External

Morocco Economic conditions

Morocco Economic policy

Morocco

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This 2016 Article IV Consultation highlights that Morocco’s macroeconomic conditions have improved since 2012, but growth has remained sluggish. In 2016, growth slowed owing to a sharp contraction in agricultural output and subdued nonagricultural activity. The unemployment rate decreased to 9.6 percent in the third quarter of 2016 while youth unemployment remains high at 21.8 percent. Morocco’s medium-term prospects are favorable, with growth expected to rebound to 4.4 percent in 2017 and reach 4.5 percent by 2021. However, risks remain substantial, and relate mainly to growth in advanced and emerging market economies, geopolitical tensions in the region, world energy prices, and global financial market volatility.