The World Bank has released two reports focusing on growth, employment, and the private sector in Morocco, outlining a targeted roadmap to accelerate the country's economic transformation. According to the Bank's simulations, Morocco's real GDP could increase by 17% compared to the baseline scenario by 2035, and by nearly 24% by 2050.
The reports emphasize the need for structural reforms to boost productivity and create jobs, particularly for youth and women. Key recommendations include improving the business environment, enhancing competition, and investing in human capital.
World Bank officials noted that Morocco has made significant progress in recent years, but further efforts are required to achieve sustainable and inclusive growth. The roadmap aims to leverage Morocco's strategic location and existing infrastructure to attract more foreign investment.
The findings are based on comprehensive data analysis and are intended to guide policy decisions in the coming years. The World Bank reaffirmed its commitment to supporting Morocco's development agenda.
