SAssuming the materialization of the planned external financing, the AORs should strengthen to 382 billion dirhams at the end of 2024 and to 395.6 billion at the end of 2025, specifies BAM in its report on monetary policy, published at the end of of the second quarterly meeting of its Council for the year 2024.
Their coverage would thus be 5 months and 8 days in 2024 and 5 months and 13 days of imports of goods and services in 2025, BAM reports.
In terms of monetary conditions, the need for bank liquidity should ease slightly, falling from MAD 111.4 billion at the end of 2023 to MAD 109.8 billion at the end of 2024, before widening to MAD 133.6 billion at the end of 2025. driven primarily by the planned expansion of fiat currency.
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