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03 Apr 2025
IMF Executive Board Approves New Two-Year US$4.5 Billion Flexible Credit Line Arrangement for Morocco
The Executive Board of the International Monetary Fund (IMF) approved today a new successor two-year arrangement for Morocco under the Flexible Credit Line (FCL) in an amount equivalent to SDR 3.45 billion (about US$ 4.5 billion, equivalent to 386 percent of quota), and noted the cancelation by Morocco of the previous FCL arrangement. The Moroccan authorities stated their intention to treat the new arrangement as precautionary.
