Casablanca: The General Confederation of Moroccan Enterprises (CGEM) met with a high-level delegation from the International Monetary Fund (IMF) in Casablanca on Monday to discuss private sector priorities and perspectives on Morocco’s socio-economic development.
According to Agence Marocaine De Presse, the meeting was chaired by CGEM Vice-President Mehdi Tazi and provided a platform to outline the private sector’s proposals and priorities for fostering sustainable and inclusive growth, the Confederation said in a press release.
Discussions emphasized the ongoing economic momentum in Morocco, driven by the leadership of HM King Mohammed VI, and the importance of capitalizing on strategic initiatives like hosting the 2025 Africa Cup of Nations (CAN) and the 2030 FIFA World Cup, which are expected to positively impact the national economy.
The CGEM also presented an in-depth analysis of Morocco’s macroeconomic landscape, identifying key challenges and opportunities in areas such as renewable energy, support for small and medium-sized enterprises (SMEs), employment, investment, and financing.
This dialogue underscores the private sector’s commitment to collaborating with the government in shaping economic policies that promote investment, create jobs, and enhance Morocco’s economic resilience and sustainability, according to the press release.
The meeting, attended by several CGEM commission presidents, is part of the regular consultations under Article IV and the third review of the Resilience and Sustainability Facility (RSF) agreement. Morocco is a beneficiary of the RSF financing mechanism, which aims to help countries address structural challenges, including climate change and economic resilience. The CGEM emphasized the RSF’s potential to strengthen Morocco’s economic and social foundations while advancing the Kingdom’s energy transition and climate goals.