Morocco Staff Report for the 2005 Article IV Consultation
This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004, macro...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
2005
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| Series: | IMF Staff Country Reports
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004, macroeconomic and financial conditions remained stable. The unfavorable agricultural campaign is expected to affect macroeconomic conditions in 2005. The current account is likely to register a small deficit partly because of a high level of imports of food products and a higher oil bill |
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| Physical Description: | 60 pages |
| ISBN: | 9781451824766 |