Morocco : 2007 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Morocco

1MAREA2007001 Image
Price:  $18.00

Release Date: © September, 2007
ISBN : 978-1-45182-480-3
Stock #: 1MAREA2007001
Stock Status: On back-order

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This 2007 Article IV Consultation highlights that macroeconomic conditions of Morocco remain strong. Average growth has reached 5.4 percent per year since 2001, 3.4 percentage points higher than in the 1990s, reflecting the ongoing diversification of the nonagricultural sector and its increased resilience to shocks. As a result, real per-capita income is on the rise and the unemployment rate has started to decline. The current account is expected to record its seventh consecutive surplus in 2007, thanks to strong remittances and tourism receipts. The public finance situation has also strengthened.


Economic policy , Inflation , Monetary policy

More publications in this series: IMF Staff Country Reports