Mubasher: Morocco's economy is expected to grow by nearly 5% in 2020, compared with 2.4% and 4.7% in 2014 and 2015, respectively despite continued risks such as sluggish growth in the Eurozone or high oil prices.
The kingdom's macroeconomic position continues improving after falling to 2.4% in 2014, the global institution said.
Current account deficit is expected to decline to 1.5% of GDP in 2015, compared with 5.7% in 2014.
The financial sector still sits on a pile of cash and records robust earnings, the IMF said.
It added that the sector's capital adequacy ratio reached 13.8% in June 2015, largely higher than Basel III requirements.
