Georgieva backs flexible credit line for Morocco

Central Bank of Morocco, Rabat
Central Bank of Morocco, Rabat

International Monetary Fund managing director Kristalina Georgieva has backed a request by Morocco for a $5 billion flexible credit line (FCL).

“Considering Morocco’s very strong policy frameworks and track record”, Georgieva intends to “recommend approval of the FCL arrangement” when the IMF executive board next meets. The board held an informal discussion on Morocco’s request on March 6.

The FCL is available to countries deemed to have strong policy frameworks, and can be tapped without the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.