The King of Morocco Mohammed VI named a new government and presented the new development guidelines for the next 5 years. The 3-axis roadmap was unveiled on the sidelines of the 11th legislature’s parliamentary session.
The first point concerns the country’s sovereignty and is aimed at consolidating its position as a regional engine of growth. While talking about the security of strategic needs and supplies, Mohammed VI recalled that "unlike many other countries that have experienced significant disruption in the supply and distribution of necessities, Morocco was able to meet its needs and ensure a normal and sufficient supply of its markets.” He also announced the creation of a national integrated system for the strategic reserve of necessities including food.
The Moroccan leader secondly wants to focus on turning challenges into growth opportunities during and after the health crisis. Many observers and analysts hailed the way Morocco managed the crisis. The primary sector in the country recorded a 17% growth at a time when many countries around the world have experienced constant disruptions in their agricultural supply chains.
Other sectors such as industry and services have also performed well. Overall, Morocco’s economic growth is forecasted at 5.5% this year, while the global economic activity has been in decline. Moroccan citizens have continued to benefit from a diversified base, with prices remaining unchanged and inflation under control at around 1%.
King Mohammed VI noted that "the State has fulfilled its duty to satisfy citizens in times of health crisis," referring to the free vaccine deployment. He also urged the unvaccinated populations to get vaccinated.
The third axis concerns the new development model (NMD) and social protection. This part is aimed at accelerating economic transformation and developing human capital. The implementation of this model lies on the National Pact for Development, the King said.
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...
COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance dea...
The World Bank forecasts a 21% annual increase in fertilizer prices. Urea, DAP, and potash pr...
The Nigerian Communications Commission (NCC) has launched new measures to eliminate pre-registered SIM cards. The regulator plans stricter field...
Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy, and visa exemptions for diplomats. Algeria will...
Manuella Zagba, a management consulting and accounting professional who heads her own firm, Dyese Prolink, focuses on corporate operational efficiency in...
Courts and governments suspend hiring in Kenya, Malawi, Nigeria, and Ghana Cases expose weak transparency and inefficiency in public hiring...
Mali holds meeting to unify government communication amid rising disinformation threats Ministers urged to adopt coordinated, credible messaging as...
Benin to host first Cotonou Comedy Festival from December 1-6, 2025 Event includes performances, masterclasses, and global comedian...