IMF Confirms 6.2 Billion USD Precautionary Liquidity Line For Morocco

The International Monetary Fund reaffirmed Morocco’s continued qualification to access to a two-year Precautionary Liquid Line resources, of about US$ 6.2 billion, approved on August 3, 2012.

     The IMF Executive Board completed the second review of Morocco’s performance under an economic program supported by a two-year Precautionary Liquidity Line (PLL) arrangement.

     The access under the arrangement in the first year is equivalent to about 3.6 billion USD, rising in the second year to about US$ 6.2 billion cumulatively.

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