The Organisation for Economic Co-operation and Development (OECD) has published a report commending Morocco's ongoing, multi-year reform program aimed at improving the governance and performance of its state-owned enterprises (SOEs). The reforms, which have been a major policy focus, seek to align the management of these entities with international standards and best practices.
In its report, the OECD highlights the establishment of a central ownership agency and the development of a new governance framework as key steps forward. The organization notes that these efforts are designed to enhance transparency, professionalize management, and clarify the state's role as a shareholder, separating it from its regulatory functions.
While praising the trajectory, the OECD also identifies areas for continued work, including further strengthening the financial and operational oversight of SOEs and ensuring a level playing field with private sector companies. The reform agenda is seen as crucial for boosting economic efficiency and fostering sustainable growth in the Moroccan economy.
