IMF encourages Morocco to modify economy policies

Published September 19th, 2005 - 08:40 GMT
Al Bawaba
Al Bawaba

The International Monetary Funds (IMF) encouraged Moroccan authorities to modify its economy policies in its annual report on Morocco published on Thursday September 15. Yabiladi reports that according to the IMF’s report, although the current level of debts does not pose a risk for the economic stability in the short run, the government needs to change its fiscal policies for the economic growth in the long term. In the report, IMF congratulates Morocco for “maintaining economic stability and its structural reforms,” adding that Morocco should speed up the implementation of the structural and legal reforms in order to attract foreign investors to the country.

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