IMF urges Morocco to pass new central bank law

morocco

International Monetary Fund staff recommend Moroccan authorities adopt a new central bank law to reinforce the independence of the Central Bank of Morocco.

After visiting Morocco from March 19 to April 3 in the context of the Article IV consultation, IMF staff stressed the central bank should also play a more prominent role in fostering financial stability.

The team “recommends the adoption, as soon as possible, of the new central bank law, which will strengthen its independence and its role

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