Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

MOROCCO

BUDGETS AND REVENUES

Moroccan Economy Stable But Agriculture Sector Remains Source Of Volatility, Says IMF

Morocco has maintained macroeconomic stability during the past decade, but higher growth in nonagricultural output will be essential to reduce the volatility of overall growth, the IMF has said following the conclusion of Article IV consultations with Morocco on 12 May. The IMF also stressed the importance of supportive...