The International Monetary Fund (IMF) is “impressed” by Morocco’s determination to pursue its structural reforms and endeavors to make its economy more inclusive, said Wednesday in Rabat IMF Managing Director, Kristalina Georgieva. “We are impressed by Morocco’s determination to pursue its major structural reforms so that its economy can meet the aspirations of the Moroccan people,” Georgieva told reporters following the separate talks she held in Rabat with Head of Government Saad Dine El Otmani and Minister of Economy & Finance Mohamed Benchaaboun. She underlined the important reforms adopted by the Kingdom to make its economy more inclusive for the benefit of its socio-economic development, saying that the IMF supports Morocco and all the reforms undertaken. Welcoming the importance given by Morocco to youth and women, she said the IMF is committed to provide technical support to policy makers in the country. Talks with Moroccan officials also covered article 4 of the IMF, which consists in reviewing all the macroeconomic indicators of the country as well as all the structural reforms meant to control public finances.

Source: The North Africa Journal February 20, 2020 18:33 UTC