VOL. XLIV

No 33

13-August-2001

MOROCCO

IMFDirectors Praise Moroccos Macro-Stability But Warn Of Fiscal Challenge

Moroccohas achieved macro-economic stability, evidenced by a comfortable externalposition and an inflation rate comparable with industrialized countries,despite adverse weather conditions and terms of trade development, according tothe latest Executive Board Assessment of the International Monetary Fund (IMF).In a Public Information Notice (PIN) issued on 2 August, and following the...