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Morocco: Financial Sector Assessment Program: Technical Note-Banking Supervision

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  • International Monetary Fund

Abstract

This paper describes mainly the introduction and performance of the Extended Fund Facility program for Pakistan. Since the start of the program in September 2013, economic growth has gradually recovered, inflation has fallen to low single digits, foreign reserve buffers have been rebuilt, social safety nets have been strengthened, and the fiscal deficit has significantly declined (although public debt remains high). Despite setbacks in privatization earlier in the year due to labor unrest and political opposition, the authorities remain committed to returning ailing public sector enterprises to a sound financial position, including through private participation, and to completing energy sector reform.

Suggested Citation

  • International Monetary Fund, 2016. "Morocco: Financial Sector Assessment Program: Technical Note-Banking Supervision," IMF Staff Country Reports 2016/331, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2016/331
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=44347
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    Cited by:

    1. International Monetary Fund, 2019. "Australia: Financial Sector Assessment Program-Technical Note-Stress Testing the Banking Sector and Systemic Risk Analysis," IMF Staff Country Reports 2019/051, International Monetary Fund.

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