World Bank launches 10‑year partnership with Morocco to spur growth and employment

The World Bank announced a new ten‑year partnership framework with Morocco aimed at accelerating the country's next phase of growth and creating jobs, especially for youth and women. The programme aligns with Morocco’s New Development Model and seeks to shift the economy from public‑investment‑driven growth to a more resilient, private‑sector‑led model.

The partnership focuses on three pillars: (1) boosting enterprise competitiveness by cutting regulatory barriers, strengthening market competition and expanding financing for small and medium‑sized firms; (2) improving connectivity between cities and rural areas to reduce geographic disparities and broaden market access; and (3) enhancing human capital through reforms in education, universal health coverage and expanded social protection. Progress will be measured by indicators such as jobs created, private investment mobilised, access to quality health and education, and protection of vulnerable communities against climate shocks.

Moroccan Finance Minister Nadia Fettah described the agreement as a “decisive, structural step” that coordinates public and private financing, expertise and reforms around a common vision. World Bank officials, including Vice‑President Ousmane Dione and IFC Vice‑President Ethiopis Tafara, highlighted Morocco’s dynamic economy and the partnership’s role in mobilising private capital and technical assistance.