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IMF Conducts Review of Morocco’s $3 Billion Economic Agreement

– bySylvanus@Bladi · 1 min read
IMF Conducts Review of Morocco's $3 Billion Economic Agreement

As part of the semi-annual review of the agreement concluded last December with Morocco, under the Precautionary and Liquidity Line (PLL), an IMF (International Monetary Fund) mission has been staying in the Kingdom since October 29.

The task assigned to this IMF mission is to examine the economic policies and reforms implemented by Morocco and their compliance with the commitments and objectives set out under the Precautionary and Liquidity Line (PLL) agreement.

This agreement was signed in December 2018 for an amount of $3 billion.

This is the second semi-annual review of the said PLL, after the one held from March 19 to April 3 last, according to Le360.

Category: Economy
Keywords:
IMF

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