This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress-Rabat-Mef
The Ministry of Economy and Finance, in partnership with the French Development Agency, organized, in Rabat, a study day dedicated to the launch of the code of good governance practices of establishments and public enterprises (EEP).
The aim of this day was to present the content and scope of the new code approved by decree n ° 2.24.249 of April 24, 2025, and to raise awareness among all stakeholders on the challenges of better corporate governance. This code, which replaces that of 2012, is aligned with the constitutional principles, the recommendations of the new development model, the provisions of the framework law n ° 50-21 relating to the reform of the EEP and the best international standards in the matter, in particular the guidelines of the OECD on the governance of public enterprises of 2024.
In his opening speech, Mr. Fouzi Lekjaa, Minister responsible for the budget, stressed the importance of this new code for the modernization of the public portfolio, the enhancement of its performance and the improvement of its governance.
The meeting brought together senior government officials, representatives of international partners and more than 40 EEP leaders. In particular were present of reference institutions in matters of governance, in particular the National Agency for Strategic Management of State Participation and Monitoring of EEP performance, the Court of Auditors, the Moroccan Capital Market Authority, the UN Women’s Agency, the Moroccan Institute of Directors, the Club of Women Administrators as well as several experts in corporate governance.
The exchanges and workshops highlighted several key axes, in particular:
The professionalization of the governance and management bodies of EEP (integration of independent administrators, training of administrators, strengthening of the representativeness of women, evaluation of deliberative bodies, etc.) to improve the expertise and the fee of governance bodies; The strengthening of reporting ESG (environmental, social and governance), with the adoption of publication standards for extra-financial information aligned on international standards; The anchoring of responsible governance practices aimed at ensuring a sustainable performance of EEPs, reconciling economic efficiency, social responsibility and environmental preservation.
Participants also stressed that this new code constitutes an essential lever for the clarification of public service obligations and a tool at the service of better management of the public sector oriented towards performance and efficiency.
