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1991-06-22
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$Title{Table 7.: Balance of Payments, 1982 and 1983 (in millions of dirhams)}
________________________________________________________________________
1982 1983
________________________________________________________________________
Current accounts
Trade balance ............................. -10,674.5 -8,836.5
Services .................................. -6,672.3 -4,517.1
Private remittances ....................... 5,697.3 6,786.9
Government transfers ...................... 212.1 158.3
________ ________
Current account balance .............. -11,437.4 -6,408.4
Capital account
Private
Commercial credits ...................... 900.2 -564.9
Loans and investments ................... 506.6 329.0
Other ................................... 543.6 26.6
______ ______
Total private ......................... 1,950.4 -209.3
Public
Commercial credits ...................... 1,222.1 2,569.7
Loans (to be paid in foreign exchange) .. 6,587.7 2,697.6
Loans (to be paid in dirhams) ........... -33.9 -51.1
Other foreign liabilities ............... -5.4 34.4
______ ______
Total public .......................... 7,770.5 5,250.6
IMF facilities ............................ 2,884.7 837.6
_______ _______
Capital account balance ............. 12,605.6 5,878.9
________________________________________________________________________
Balance of payments ......................... 1,168.2 -529.5
________________________________________________________________________
Source: Based on information from Banque Marocaine du Commerce Exterieur, "The
Moroccan Economy in Figures, 1982-1983," Monthly Information Review,
Casablanca, No. 49, May-June 1984, 20.