Morocco has started negotiations with the International Monetary Fund (IMF) on a new Precautionary and Liquidity Line (PLL), announced on Friday the representative of the financial institution in the kingdom, Roberto Cardarelli.
Faced with the deterioration of its external position, Morocco will seek the support of the International Monetary Fund (IMF) to strengthen its foreign exchange reserves, according to Fitch Solutions.
The International Monetary Fund (IMF) has revised downward its growth forecasts for Morocco. This year, it stands at 0.8% and should rise to 3.6% in 2023, then rebound to 3.4% in 2024.
Morocco’s intercity roads are among the fastest in the world. This is the result of the ranking by the International Monetary Fund (IMF) which studied the average speeds in 162 countries.
Morocco does not fully exploit its tax capacity, according to the International Monetary Fund, which estimates that the share of tax revenues in the country’s gross domestic product (GDP) remains relatively low.
The International Monetary Fund (IMF) has revised its growth forecasts for Morocco this year to 1.1%, a sharp decline from the previous estimate of 3%.
Heavily impacted by the health crisis, the Moroccan economy has been recovering since last year, with good forecasts, according to the International Monetary Fund (IMF).
Defying some forecasts, Moroccan banks have shown resilience during the Covid-19 pandemic, thanks to the expertise of Bank Al-Maghrib (BAM).
The International Monetary Fund (IMF) has revised upwards its growth forecasts for Morocco in 2021, now estimated at 5.7% compared to 4.5% previously.
Morocco is an example in the post-pandemic economic recovery according to the International Monetary Fund (IMF). The institution has praised the various policies implemented by the kingdom to mitigate the effects of the crisis that has shaken the global economy.
Morocco should achieve growth of 5.7% this year against 4.5% initially forecast, according to the International Monetary Fund (IMF).
Morocco should receive $1.2 billion from the International Monetary Fund (IMF) this Monday, as part of the Special Drawing Rights (SDR). These funds will help strengthen the country’s foreign exchange reserves.