Writer: Majida Damou
The International Monetary Fund (IMF) is one of the foremost global financial institutions that influences the economic policies of states, including Morocco. Since joining the IMF in 1958, Morocco has worked to elevate its relationship to the level of a strategic partnership. Over the past decades, the IMF has provided recommendations and economic reforms to achieve financial stability and promote economic growth. IMF policies have been key to Morocco’s major economic and social trends for decades. However, they have often sparked widespread controversy among civil society and human rights organizations, who believe these policies, while contributing to economic growth, significantly lead to deepening crises and exacerbating social and economic disparities between different social segments and classes.
How have Morocco’s relations with the IMF evolved? What solutions are provided by the IMF’s policies to support Morocco’s economic growth and enhance its financial stability? How does civil society view the Fund’s recommendations and directions regarding the Moroccan economy and Western sovereignty over its resources?
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