The Head of Government, Aziz Akhannouch received, this Thursday, June 9, a delegation composed of members of the Board of Directors of the World Bank, on an official visit to Morocco.
This meeting was an opportunity to highlight the importance of the partnership between Morocco and the World Bank Group, and to examine ways to strengthen and develop it. It was also an opportunity to discuss the challenges faced by world economies, due to the high rate of inflation and the high prices of strategic raw materials on the international market.
During these meetings, the Head of Government reviewed the strategies and programs launched by Morocco, stressing that the government has continued, despite the global economic fluctuations, the implementation of structural reforms with the same force, the same determination and respect for deadlines, while increasing the volume of public investment.
He also recalled the government’s commitment to continue supporting social programs, whether in the field of health, education or social protection, while allocating additional aid to maintain purchasing power. of the citizen in the face of the increase in the prices of a certain number of essential foodstuffs at international level.
Ms. Adriana Kulgler, Executive Director for the United States at the World Bank, congratulated Morocco for the infrastructure built over the past twenty years, hailing the dynamism and transformations that the Moroccan economy is experiencing. She said that Morocco is in a good position to deal with the Covid-19 pandemic, given the high vaccination rate among the Moroccan population.
The official also expressed satisfaction with Morocco’s efforts to deal with the repercussions of global economic fluctuations, noting the decisions taken by the Kingdom in this regard. She also commended Morocco for its efforts to improve resources and the health sector as well as reforms at the level of public administration.
She also thanked the Kingdom which hosts the annual meetings of the World Bank and the International Monetary Fund which are scheduled for Marrakech in October.