Morocco - Current economic position and prospects

RETURNI TO REPORTS DESK RES TRICT EMD WITHINW ONE WEEK T1 repopt is for offbicl ue by theD Group and speflaly authorzd arAnztions or peson.I h my not be publihed, quoted or cited without BuDa Group authorizatn. The ank Group does not accept responsiblity for the smaccy or completenes of the report INIERNATIONAL BANK POR RECONSTRUCION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION CURRENT ECONOMIC POSITION AND PROSPECTS OF MOROCCO September 9, 1971 Europe, Middle East and North Africa Department F COPY  CURRENCY EQVIVALENTS 1 1irham (D:-f) = -$ 0.19T 1 Million DH = $ 197,400. $1.00 = DH 5.o6 $1 million = DH 5,o60,000 ABBREVIATIONS BNDE Banque Nationale pour la Developpement Economnque CmG - Caisse de Depot et de Gestion CIRH - Credit Imnobilier et Hotelier CNCA - Caisse Nationale de Credit Agricole CNSS - Caisse Nationale de Securite Sociale COSUMAR - Compagnie Sucriere Marocaine et de Raffinage COTEF - Complexe Textile de Fes CT - Centre de Travaux DELRO - Developpear