HIBAPRESS-RABAT-MEF
The Head of Government, Mr. Aziz Akhannouch, accompanied by the Minister of Economy and Finance, Ms. Nadia Fettah, as well as the Secretary General of the Organization for Economic Co-operation and Development (OECD), Mr. Mathias Cormann, launched, this Wednesday, September 11, 2024 in Rabat, the discussion around the main conclusions of the first Economic Study of the Kingdom of Morocco.
On the occasion of his first official visit to Rabat, the Secretary-General of the OECD presented the major conclusions of this study. It analyses Morocco’s economic performance in the face of global and internal challenges, while offering growth prospects and strategic recommendations. The completion of this study provides Morocco with a strategic tool equivalent to that of OECD member countries. It was conducted by the Morocco Economic Desk at the OECD, whose work began on February 20, 2023.
Furthermore, this study is part of the strategic orientations of the Kingdom, under the leadership of His Majesty King Mohammed VI, may God assist him. It opens up important perspectives to support the agenda of reforms and ongoing structuring projects, responding to critical issues such as water stress, employment policies, particularly for young people, social protection reforms, investment and improving human capital. The results were discussed during a high-level panel, addressing different dimensions such as territoriality, productivity, the informal sector and the economic inclusion of young people.
During this event, Mr. Aziz Akhannouch and Mr. Mathias Cormann took stock of the cooperation between Morocco and the OECD, marking the end of the second phase of the Morocco Country Programme, signed on June 19, 2019. This programme successfully supported the implementation of the Kingdom’s structural reforms. A new memorandum of understanding was signed to strengthen collaboration between the OECD and Morocco on new strategic priorities.
On the sidelines of this ceremony, a technical workshop, bringing together representatives, experts from several departments, reference institutions, academics and journalists, was organized to deepen the conclusions of the economic study with OECD experts.
The Morocco Desk at the OECD
The Morocco Geographic Office’s mission is to prepare, according to a specific methodology and precise procedures:
The OECD Economic Survey of Morocco, based on a cross-sectional analysis, supported by solid international comparisons and promoting the sharing of experiences. Economic forecasts, published in the autumn and spring, accompanied by a country note summarising recent developments and the two-year outlook, as well as reform priorities. These forecasts are published as part of the OECD Economic Outlook. An assessment of ongoing structural reforms, through economic, social and environmental performance indicators. These analyses are published in the Going for Growth report.
The office also hosts Moroccan executives made available by the administration to facilitate knowledge sharing between the OECD and the Moroccan government.
PPM Morocco-OECD
The first phase of the Country Programme, from June 2015 to July 2018, aimed to support strategic actions in various areas such as investment, trade, public governance, education, employment, and the promotion of socio-economic reforms.
The second Country Programme, signed on 25 June 2019 and in force until 25 September 2024, aims to advance the reforms undertaken by Morocco in several areas of public policy. It includes 14 thematic actions grouped into four pillars: Public Governance, Integrity and the Fight against Corruption; Economic Growth, Investment and Taxation; Strengthening Human Capital; and Territorial Development. This programme strengthens Morocco’s participation in OECD bodies.
This Country Programme signed between Morocco and the OECD, whose implementation is coordinated by the Head of Government, is ambitious and flexible, reflecting the desire of both parties to take their cooperation to higher levels. It should be noted that Morocco is the first country in the MENA region and the entire African continent to benefit from such a programme, thus consolidating its position as a dynamic and privileged partner of the OECD in Africa.
