World Bank and Morocco unveil decade long growth roadmap
Morocco and the World Bank Group have adopted a new 10 year Country Partnership Framework designed to support the country’s next stage of economic transformation, boost job creation, and strengthen a more inclusive and competitive economy over the coming decade.
The framework aligns with Morocco’s New Development Model and will guide cooperation between the two sides with a focus on generating more employment opportunities, particularly for young people and women, while supporting sustainable economic growth.
The agreement marks a new phase in a partnership that has lasted more than 65 years and has included support for infrastructure, agriculture, education, healthcare, social protection, and institutional reforms. Under the new framework, Morocco aims to advance a transition from a growth model largely driven by public investment toward one led by a stronger private sector.
Nadia Fettah, Morocco’s Minister of Economy and Finance, described the framework as a significant milestone in the country’s development strategy. She said the initiative brings together public and private financing, knowledge, and reforms around a shared vision for Morocco’s future, with job creation at the center of that ambition.
Three priorities for economic transformation
The partnership is built around three strategic priorities intended to support employment and long term development.
The first focuses on improving the competitiveness of Moroccan businesses through the reduction of regulatory barriers, stronger market competition, and expanded access to financing for small and medium sized enterprises.
The second aims to create better connected and more inclusive cities and regions by reducing territorial disparities and improving access to markets and public services across urban and rural areas.
The third priority centers on strengthening human capital through continued support for education reforms, Universal Health Coverage, and Morocco’s social protection system.
Progress under the framework will be assessed through indicators including jobs created, private investment mobilized, improved access to healthcare and quality education, and stronger resilience among vulnerable communities facing climate related risks.
Private sector at the center
Implementation of the framework will combine financing, technical expertise, and efforts to mobilize greater private investment.
Ousmane Dione, World Bank Vice President for the Middle East, North Africa, Afghanistan, and Pakistan, said the 10 year horizon demonstrates a long term commitment to Morocco’s development agenda. He noted that the extended timeframe is intended to support lasting structural transformation beyond traditional project cycles.
The International Finance Corporation said the framework would contribute to strengthening Morocco’s business environment and attracting additional private investment. Ethiopis Tafara, IFC Vice President for Africa, said the partnership would support market development, mobilize private capital, and help businesses expand and create jobs.
The Multilateral Investment Guarantee Agency also pledged to support the initiative through its guarantee instruments. Ed Mountfield, MIGA’s Vice President and Chief Financial Officer, said the agency would work to mobilize private capital and reduce investment risks in Morocco in support of a more resilient, private sector led growth model.
