Morocco [electronic resource] : Report on Observance of Standards and Codes: Fiscal Transparency Module.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports, Country Report ; No. 05/298Publication details: Washington, D.C. : International Monetary Fund, 2005Description: 1 online resource (52 p.)ISBN: 1451824750 :ISSN: 1934-7685Subject(s): Fiscal Management | Fiscal Policy | Fiscal Transparency | Reports on the Observance of Standards and Codes | Tax Administration | MoroccoAdditional physical formats: Print Version:: Morocco : Report on Observance of Standards and Codes: Fiscal Transparency ModuleOnline resources: IMF e-Library | IMF Book Store Abstract: This report evaluates Morocco's fiscal transparency practices and assesses compliance with the IMF's Code of Good Practices on Fiscal Transparency. Morocco's fiscal management system, which remains highly centralized, is essentially reliable and supported by legal safeguards, and adequate for steering budget performance. The far-reaching amendment of the organic law governing budget laws carried out in November 1998, the legislative and regulatory provisions that accompanied it, and the recent reforms have led to significant progress with respect to the clarity of fiscal and accounting standards and access to financial information.
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This report evaluates Morocco's fiscal transparency practices and assesses compliance with the IMF's Code of Good Practices on Fiscal Transparency. Morocco's fiscal management system, which remains highly centralized, is essentially reliable and supported by legal safeguards, and adequate for steering budget performance. The far-reaching amendment of the organic law governing budget laws carried out in November 1998, the legislative and regulatory provisions that accompanied it, and the recent reforms have led to significant progress with respect to the clarity of fiscal and accounting standards and access to financial information.

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