Morocco needs to further widen the tax base and curb spending to help continue financing structural reforms, the International Monetary Fund says after concluding Article IV Consultation.
- Structural reforms need to focus on boosting job creation through “better targeted” market labor policies and the consolidation of programs to support small and medium firms
- Economic growth expected to accelerate to 3.7% this year versus 3.2% in 2024 on a “projected rebound” of farming output and “robust” growth in other sectors amid strong domestic demand
- Inflation is expected to stabilize at around 2% and this should encourage the Moroccan central bank to ...