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Morocco - Country assistance strategy (Inglês)

The goal of this Country Assistance Strategy (CAS) for the period 2005-09, is to help Morocco meet its key development challenges, notably 1) accelerate employment-generation and sustainable economic growth, and, 2) reduce poverty and marginalization. To achieve and sustain these goals, a series of institutional reforms are needed to improve the transparency, accountability, and inclusiveness of the public sector. This CAS reflects differences from the past: the overarching objective of poverty reduction and the underpinning objective of governance are both more fully integrated in our country program, and in addition, the environment for reform has matured. The main difference between this CAS period and the previous one (2001-04), is the more favorable political, and bureaucratic environment within which to implement institutional reforms. A greater sense of urgency prevails, and this has generated political will at the top levels of leadership as well as within civil society. The CAS will focus upon four objectives: improve competitiveness and the investment climate; increase access to basic services by poor and marginalized groups; improve the efficiency of the education system; and, improve water management and access to water services and sanitation. The instruments of the strategy will move toward greater use of programmatic approaches, and the program is designed to mitigate risks that could affect the effectiveness of Bank support, and to enhance monitoring and evaluation of CAS outcomes. Over the four coming years, the Bank program faces a series of risks. These include the government's continuing willingness to address the country's economic and social challenges, hesitant decision-making processes, and the possibility that the Bank financing will become less important to meeting the needs of this middle-income country. The Bank will mitigate these risks in several ways. It will undertake more systematic political economy analysis, and we will improve its ability to support reforms through informed outreach to important stakeholders. Moreover, it will offer high-quality, timely analytical work and technical advice, as well as an intelligent mix of lending instruments. The Bank also needs to build upon synergies with Morocco's other development partners-most notably, greater complementarity with the European Union.

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    Documento sobre Estratégias de Assistência ao País

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    Oriente Médio e Norte da África,

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    Morocco - Country assistance strategy

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    learning and innovation loan;technical assistance and advisory service;Analytical and Advisory Activities;central government debt;access to basic service;Financial Sector;fiscal deficit;foreign direct investment;housing for the poor;economic and sector work;large number of women;constant real exchange rate;efficient use of water;domestic demand for import;access to quality education;access to primary education;access to safe water;prudential regulation and supervision;social indicator;current account surplus;civil society;urban unemployment;net enrollment rate;large budget deficit;proceeds from privatization;standard of living;project preparation costs;rural area;tourism receipts;Fiscal Sustainability;privatization proceeds;job creation potential;access to water;Country team meeting;unemployed labor force;Civil Service Reform;demand for bank;current account deficit;international capital market;river basin agency;domestic shock;capital account opening;public procurement regulation;quality at entry;competitive business environment;poverty and gender;exchange rate policy;national saving rate;Exchange rate policies;skilled labor force;access to capital;formal education system;exchange rate regime;competitive exchange rate;financial and operating;sustainable fiscal deficit;foreign private investment;total public debt;government decision making;rural water supply;quality and quantity;terms of trade;per capita consumption;millennium development goal;population growth rate;trained labor force;inflow of remittance;local capital market;including trade facilitation;primary school enrollment;fixed exchange rate;Political Economy Analysis;access to financing;social security system;effective knowledge transfer;Development Policy Loan;private capital inflow;competitive private sector;institutional development fund;public sector modernization;fiscal adjustment effort;country financing parameters;financial sector liberalization;water sector;fiscal imbalance;employment generation;social agenda;Labor Market;social condition;strategic objective;Water Management;stabilization program;construction sector;export opportunities;macroeconomic environment;monetary policy;Exchange Rates;macroeconomic indicator;private creditor;customs reform;investment climate;middle school;agricultural modernization;Natural Resources;budget reform;exposure indicator;social context;social tension;young people;high unemployment;financial system;land market;capacity assessment;stakeholder analysis;investor confidence;export opportunity;external financing;external position;price stability;Programmatic Approach;water resource;Wage Bill;macroeconomic framework;domestic borrowing;resource protection;political parties;political party;financing need;satisfactory manner;rural supply;pollution control;high dropout;agriculture sector;educational system;repetition rate;Macroeconomic Stability;sectoral allocation;financial constraint;infrastructure component;greater access;percentage rate;public-private partnership;domestic bond;multilateral institution;financial market;Advisory services;comparative advantage;partnership arrangement;marginalized group;social program;portfolio performance;adaptable lending;governance issue;effective dialogue;capital expenditure;treatment coverage;institutional framework;financing cost;base case;rising trend;higher growth;performance result;tax system;tax base;fiscal consolidation;country risk;budgetary situation;good governance;public expenditure;geographical disparity;educational level;global economy;demand management;export performance;professional training;gdp deflator;dynamic export;telecom company;clear economic;recent months;large population;agricultural production;competition council;competition policy;commercial court;fiscal stance;international reserve;judiciary reform;financial benefit;private investor;higher expenditure;agricultural sector;unsatisfactory performance;productive investment;emerging country;investment rate;public bank



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