Posts Tagged ‘IMF’

IMF Executive Board Completes the Third Review of the Precautionary and Liquidity Line for Morocco | AllAfrica

The IMF reports on Morocco’s ongoing economic reform successes: [...] Following the Executive Board discussion on Morocco, Mr. Mitsuhiro Furusawa, IMF Deputy Managing Director and Acting Chair of the Board, made the following statement: “Morocco’s overall economic performance has continued to improve in 2015. Strong policy implementation has helped reduce fiscal and external vulnerabilities and significant progress has been achieved on reforms. In an environment that remains vulnerable to important ...

IMF Upbeat Over Morocco’s Economic Growth Prospects | North Africa Post

Despite ongoing challenges, the IMF likes Morocco’s economic outlook: Morocco’s macroeconomic situation continues to improve. After declining to 2.4 pc in 2014, growth is expected to reach 4.7 pc in 2015 thanks to a good agricultural season and improvements in construction activity, said the International monetary fund (IMF). However, non-agricultural growth remains sluggish, including in sectors related to tourism, which are affected by geopolitical risks, and some traditional manufacturing, such ...

Translation Please – What Does this Gibberish Mean? – Jean R. AbiNader

Morocco Gets Positive Evaluation from IMF – In So Many Words Jean R. AbiNader, MATIC July 29, 2015 A colleague dropped by my office yesterday and said, “This looks like something for you; it’s just gibberish to me,” handing me the latest review by the IMF Executive Board of Morocco’s second PLL Arrangement and its final assessment of the first PLL. Yes, it certainly did sound incomprehensible to those of ...

IMF Praises Morocco’s Economic Progress in Second Review of PLL

In a press release issued Friday, the International Monetary Fund (IMF) announced the results of its second review of Morocco’s economic progress under an agreement that extended a two-year Precautionary and Liquidity Line (PLL) to the country.  Mr. Min Zhu, IMF Deputy Managing Director and Acting Chair of the Board, made the following statement: “Morocco’s overall economic performance has been strong. Following a slowdown in 2014, growth is expected to ...

IMF Staff Concludes Second Review of PLL Visit to Morocco | IMF

The International Monetary Fund (IMF) gives Morocco a solid economic report card: An International Monetary Fund (IMF) staff team led by Jean-François Dauphin visited Morocco from May 28 to June 5, 2015 to conduct discussions with the authorities on the second review of economic performance under the Precautionary and Liquidity Line (PLL) arrangement approved by the IMF Executive Board in July 2014. The authorities have not drawn on the PLL ...
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