Hidden Bibliographic Details
ISBN: | 9781484328460 1484328469
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Notes: | Includes bibliographical references. Online resource; title from digital title page (viewed on July 23, 2014).
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Summary: | KEY ISSUESContext: Despite an unfavorable external and domestic environment, economicperformance improved in 2013 after a difficult 2012. The European crisis led to a deceleration of activity in the nonprimary sector, but GDP growth is expected to reach about 4.5 percent owing to a bumper cereal crop. Inflation remained low. The external current account deficit declined and reserves remained stable at more than four months of imports. The fiscal deficit narrowed as expected, owing to lower international oil prices that reduced the cost of subsidies and as a result of measures taken by the gove.
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Other form: | Print version: Asia Dept., International Monetary Fund. Middle East and Central. Morocco: 2013 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Morocco. Washington : International Monetary Fund, ©2014 9781484327999
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