VOL. XLVI

No 23

9-June-2003

MOROCCO

BUDGETS AND REVENUES

Moroccan Economy Stable But Poverty Remains Pressing Concern, Says IMF

Morocco has achieved macroeconomic stability over the past decade but the countrys growth performance has not been strong enough to reduce poverty, according to a public information notice (PIN) published on 9 May by the IMF following Article IV consultations. Growth has been volatile, notes the IMF, due to the effects of recurrent drought conditions on the agricultural...