“Morocco has made significant economic and social progress, which has raised the aspirations of Moroccans, especially its young people,” said Marie Françoise Marie-Nelly, World Bank Maghreb Country Director. “The Government has launched ambitious plans to meet these aspirations, and these efforts will receive the full support of the World Bank Group. The new CPF drew on consultations with the Government, private sector and civil society, as well as lessons learned from the previous Country Strategy. It identified three strategic pillars to guide World Bank Group support: promoting job creation by the private sector; strengthening human capital; and promoting inclusive and resilient territorial development. The CPF will leverage the strengths of IBRD; IFC, the World Bank’s private sector window; and MIGA, the World Bank’s agency for investment guarantees.

Source: The North Africa Journal February 20, 2019 14:48 UTC