Bank Al Maghrib will change status
BAM will have , thanks to the new law , more vis-à- vis the government , be proactive , giving it greater legitimacy in international markets by allowing it to conduct such a policy.
BAM decides instruments to be used to carry out monetary policy decided by the government . This text instead as initiator of the monetary policy. In its preamble, it states that the ” sets ” and ” driven independently ,” but on the other hand , Article 6 states that it takes place ” in the context of economic and financial policy of government. ”
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