The new roadmap would strengthen, better support and enrich the exceptional cooperation between Morocco and the Bretton Woods institution, the two sides underlined. During the meeting, the World Bank president praised the leadership of King Mohammed VI in economic reforms and social construction, noting that the Kingdom is a model of resilience and crisis management, thanks to targeted and effective government actions. He pointed out that the World Bank’s new priorities for South countries will be focused in particular on five key job-creating sectors: electrification, infrastructure, health, agribusiness, and tourism. The WB Chief added that the partnership with Morocco will soon be further strengthened in several priority areas to promote job creation in the private sector, strengthen human capital, and support the fight against climate change. The WB chief also congratulated Morocco for the excellent arrangements put in place to ensure the success of the Annual Meetings of the World Bank and the International Monetary Fund, held in Marrakech in October 2023.

Source: The North Africa Journal May 18, 2024 16:12 UTC