World Economy

Morocco Economy to Pick Up

Morocco Economy to Pick UpMorocco Economy to Pick Up

Following a slowdown in 2014, Morocco’s economy will pick up speed in 2015, thanks to a strong overall economic performance, the International Monetary Fund noted, Morocco World News reported. “Policy action has helped reduce fiscal and external vulnerabilities and significant progress has been achieved on reforms”, the IMF pointed out in a statement issued following the second review of Morocco’s economic performance. This review was done by the Executive Board of the International Monetary Fund under a program supported by a two-year precautionary and liquidity line arrangement and the Ex-Post Evaluation of exceptional access under the 2012-2014 PLL arrangement.