Highlights

The International Monetary Fund re-confirms the eligibility of Morocco for the Precautionary and Liquidity line (PLL)

27/01/2016
The International Monetary Fund re-confirms the eligibility of Morocco for the Precautionary and Liquidity line (PLL)

The Board of directors of the International Monetary Fund (IMF) reconfirmed, during its meeting held on Wednesday, January 27th, 2016, the eligibility of Morocco for the 3rd precautionary and liquidity line (PLL) whose agreement had been concluded in July, 2014.​

During this meeting, the Board of directors of the IMF greeted the solidity of the basis of Moroccan economy and the progress achieved regarding structural reforms to reduce more the budgetary and external vulnerabilities.

Likewise, and considering the risks related to an international environment which is always uncertain, the Council of the IMF called Morocco to keep heading reforms undertaken by public authorities to assure a strong, sustainable and inclusive growth.