Morocco: Selected Issues

International Monetary Fund

No 2013/110, IMF Staff Country Reports from International Monetary Fund

Abstract: Morocco has made substantial progress in increasing inclusive growth over the past decade, but additional efforts in terms of growth-enhancing structural reforms are needed. Preserving economic efficiency and fostering growth while strengthening inclusiveness remains a priority. This paper describes the fuel subsidy system in Morocco, introduces an organizing framework to illustrate the trade-offs involved in meeting various economic and social objectives when considering subsidy reform, and highlights some lessons from the international experience in implementing subsidy reforms that may be pertinent to the case of Morocco.

Keywords: ISCR; CR; unemployment; youth unemployment; Morocco; labor market; growth performance; fuel subsidy; growth decomposition; oil price; price volatility; Energy subsidies; Oil prices; Fuel prices; Inflation; Price adjustments; Global; Middle East; North Africa; East Africa; Central Africa (search for similar items in EconPapers)
Pages: 55
Date: 2013-05-08
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Citations: View citations in EconPapers (2)

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