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  1. Morocco
    ex post evaluation of exceptional access under the 2014 precautionary and liquidity line arrangement : press release; staff report; and statement by the Executive Director for Morocco
    Published: September 2017
    Publisher:  International Monetary Fund, Washington, D.C.

    This paper discusses Morocco's Ex Post Evaluation of Exceptional Access Under the 2014 Precautionary and Liquidity Line (PLL) Arrangement. The case of Morocco demonstrated that with strong ownership, parsimonious conditionality can be effective in... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    This paper discusses Morocco's Ex Post Evaluation of Exceptional Access Under the 2014 Precautionary and Liquidity Line (PLL) Arrangement. The case of Morocco demonstrated that with strong ownership, parsimonious conditionality can be effective in delivering on program commitments. The PLL arrangement with Morocco was successful in helping to reduce vulnerabilities. Fiscal balances improved, and the fiscal objective-a gradual reduction of the budget deficit to 3 percent of GDP by 2017-appropriately balanced the need to bring the debt-to-GDP ratio down closer to 60 percent in the medium term, while allowing for necessary investment and social spending. Going forward, to achieve higher and more inclusive growth, Morocco will require continued strong policies and accelerated fiscal and structural reforms

     
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  2. Morocco
    ex post evaluation of exceptional access under the 2014 precautionary and liquidity line arrangement : press release; staff report; and statement by the Executive Director for Morocco
    Published: September 2017
    Publisher:  International Monetary Fund, Washington, D.C.

    This paper discusses Morocco's Ex Post Evaluation of Exceptional Access Under the 2014 Precautionary and Liquidity Line (PLL) Arrangement. The case of Morocco demonstrated that with strong ownership, parsimonious conditionality can be effective in... more

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    This paper discusses Morocco's Ex Post Evaluation of Exceptional Access Under the 2014 Precautionary and Liquidity Line (PLL) Arrangement. The case of Morocco demonstrated that with strong ownership, parsimonious conditionality can be effective in delivering on program commitments. The PLL arrangement with Morocco was successful in helping to reduce vulnerabilities. Fiscal balances improved, and the fiscal objective-a gradual reduction of the budget deficit to 3 percent of GDP by 2017-appropriately balanced the need to bring the debt-to-GDP ratio down closer to 60 percent in the medium term, while allowing for necessary investment and social spending. Going forward, to achieve higher and more inclusive growth, Morocco will require continued strong policies and accelerated fiscal and structural reforms

     
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781484317518
    Other identifier:
    Series: IMF country report ; no. 17, 265
    Subjects: Liquidität; IWF-Kredit; Marokko
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen