Morocco-China: Macroeconomic stability of the Kingdom. An example

HIBAPRESS-RABAT

In the Kingdom of Morocco, the numerous reforms undertaken by the authorities have made it possible to achieve macroeconomic stability. These measures have in fact stimulated the development of the private sector and an increase in inflows of foreign direct investment (FDI). This increase is a good result that demonstrates the interest that Morocco represents for foreign investors and the efforts made to clean up the legal environment related to investment.

The country has set up structures responsible for promoting investment and has made efforts to make its regulations more accessible. As a result of these efforts, Morocco has ranked, at times, the leading host country for FDI in the Maghreb, and fourth in Africa, with a gross flow of $2.9 billion.

The high volatility of these flows over the last decade reflects the essential role played by the privatization program and the absence of a proactive investment promotion strategy.

Building on the progress made, Morocco should diversify investment flows, reduce their volatility and ensure their sustainability.

The strategy for promoting and targeting FDI must be strengthened in certain sectors identified in the development program called “Plan Émergence”.