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  1. $Title{Table 7.: Balance of Payments, 1982 and 1983 (in millions of dirhams)}
  2.  
  3. ________________________________________________________________________
  4.  
  5.                                                         1982        1983
  6. ________________________________________________________________________
  7.  
  8. Current accounts
  9.   Trade balance .............................      -10,674.5    -8,836.5
  10.   Services ..................................       -6,672.3    -4,517.1
  11.   Private remittances .......................        5,697.3     6,786.9
  12.   Government transfers ......................          212.1       158.3
  13.                                                     ________    ________
  14.        Current account balance ..............      -11,437.4    -6,408.4
  15.  
  16. Capital account
  17.   Private
  18.     Commercial credits ......................          900.2      -564.9
  19.     Loans and investments ...................          506.6       329.0
  20.     Other ...................................          543.6        26.6
  21.                                                       ______      ______
  22.       Total private .........................        1,950.4      -209.3
  23.   Public
  24.     Commercial credits ......................        1,222.1     2,569.7
  25.     Loans (to be paid in foreign exchange) ..        6,587.7     2,697.6
  26.     Loans (to be paid in dirhams) ...........          -33.9       -51.1
  27.     Other foreign liabilities ...............           -5.4        34.4
  28.                                                       ______      ______
  29.       Total public ..........................        7,770.5     5,250.6
  30.   IMF facilities ............................        2,884.7       837.6
  31.                                                      _______     _______
  32.         Capital account balance .............       12,605.6     5,878.9
  33. ________________________________________________________________________
  34.  
  35. Balance of payments .........................        1,168.2      -529.5
  36. ________________________________________________________________________
  37.  
  38. Source: Based on information from Banque Marocaine du Commerce Exterieur, "The
  39.         Moroccan Economy in Figures, 1982-1983," Monthly Information Review,
  40.         Casablanca, No. 49, May-June 1984, 20.
  41.