Morocco’s economic transformation hinges on gender-inclusive job creation
The Moroccan government and the World Bank have sealed a landmark partnership to drive inclusive economic growth. At the forefront of this initiative is a renewed commitment to boosting employment opportunities for young people and women across urban and rural landscapes.
Nadia Fettah, Minister of Economy and Finance, emphasized the strategic importance of this collaboration. «This partnership represents a pivotal moment for Morocco’s development trajectory,» she stated. «By merging public and private investments with targeted reforms, we are building a resilient economy where no one is left behind.»
The initiative aligns seamlessly with Morocco’s New Development Model, a blueprint for a more dynamic, equitable, and sustainable economy. As youth and women face persistent employment challenges, this framework prioritizes their integration into the workforce through systemic solutions.
Three pillars to unlock economic potential
The partnership is structured around three transformative pillars:
- Boosting business competitiveness: Streamlining regulatory hurdles, fostering market competition, and expanding financing access for small and medium-sized enterprises (SMEs) to stimulate job creation.
- Building inclusive urban and rural ecosystems: Reducing geographical disparities by improving infrastructure, market access, and essential services in both cities and remote areas.
- Investing in human capital: Strengthening education reforms, expanding universal healthcare coverage, and broadening social protection systems to empower the workforce.
The World Bank will deploy a multi-faceted approach, combining financial instruments, technical expertise, and private sector engagement to turn these goals into reality.