October 23, 2024
Morocco's experience, under the leadership of HM King Mohammed VI, in building resilience and reducing poverty and inequality, was highlighted before the 55th session of the Conference of African Ministers of Finance, Planning and Economic Development...

Morocco’s experience, under the leadership of HM King Mohammed VI, in building resilience and reducing poverty and inequality, was highlighted before the 55th session of the Conference of African Ministers of Finance, Planning and Economic Development (COM2023) held in Addis Ababa.

The Director of Planning at the High Commission for Planning Abdeslam Nadah, who was speaking at a roundtable on “policies and programs to promote resilience and reduce poverty and inequality in a context of global shocks” initiated by COM2023, said that Morocco is firmly committed, under the leadership of His Majesty the King, to the choice of a social state, reflected, among other things, by the implementation of a vast investment program mobilizing one third of GDP in socio-economic infrastructure, access to basic social services especially in rural and peri-urban areas and in the transition to the green economy.

Nadah also said that about 50% of the general budget of the State is allocated to social sectors, the implementation of long-term human development strategies including the national initiative for human development which was launched by His Majesty the King since 2005 and which has helped achieve the Millennium Development Goals and is currently contributing to the realization of the 2030 Agenda of the United Nations and the 2063 Agenda of the African Union.

The Director of Planning at the High Commission for Planning also highlighted the programs of drinking water supply, electrification, opening up the rural world and access to social housing with the support of the State, integrated policies dedicated to the promotion of the situation of women, children, the elderly and people with disabilities and the involvement of the private sector through the development of public-private partnerships, improving the business climate and encouraging domestic and foreign investment.

Source: Agency Morocaine De Presse