Official Presents at IMF Conference Morocco’s Reforms to Promote Growth, Jobs

first_imgWashington – Chairman of the Moroccan economic, social and environmental council (CESE), Nizar Baraka, presented on Saturday in Washington the democratic and economic reforms adopted in Morocco to promote more inclusive and job-generating growth.Baraka who spoke during a conference held by the International Monetary Fund on “Arab economic transformation among political transition,” stressed that Morocco has succeeded in speeding the reform process in order to better meet the citizens’ aspirations to a better future, noting that transition in Morocco started in early 90’s.He went on that the constitution adopted in 2011 has given more credit to institutions and helped speed up structural reforms by giving prime importance to integrated sectorial strategies that are meant to promote youth access to decent jobs. During the conference, Baraka also spoke about Morocco’s African calling, recalling, in this context, the recent tour undertaken by King Mohammed VI to four African countries and the establishment of a fertilizers plant for Africa which illustrates Morocco’s commitment to agriculture and food security in the continent. The CESE chairman further noted various measures to support small and medium-sized enterprises, including tax reduction from 30 to 10pc. The conference, held on the sidelines of the IMF and World Bank spring session was moderated by head of the IMF Middle east and North Africa department, Masood Ahmed.With MAPlast_img

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