This Survey is published under the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries. This Survey is part of the OECD Morocco Country Programme 2 and is the first OECD Economic Survey of Morocco. The cut-off date for data used in the Survey is 30 June 2024.
The economic situation and policies of Morocco were reviewed by the Committee on 9 July 2024, with the participation of a delegation of representatives of the Moroccan authorities, led by Mr. Adil HIDANE, Director of Studies and Financial Forecasts at the Ministry of Economy and Finance. The draft report was then revised in light of the discussions and given final approval as the agreed report of the whole Committee on 1st August 2024. The Survey has been compiled and revised in close collaboration with senior representatives from national official institutions including the Head of Government Office; Bank Al-Maghrib (Central Bank); Economic, Social and Environmental Council (CESE); Competition Council; Haut Commisssariat au Plan, Ministry of Foreign Affairs, African Cooperation and Moroccans Living Abroad; Ministry of Economy and Finance; Ministry of National Education, Preschool and Sports; Ministry of Industry and Trade; Ministry of Solidarity, Social Integration and Family; Ministry Delegate to the Head of Government, in charge of Investment, Convergence, and Evaluation of Public Policies; Office des Changes; Moroccan Micro, Small and Medium-sized Enterprises Observatory (OMTPME); and National Agency for the Promotion of Employment and Skills (ANAPEC).
The Secretariat’s draft report was prepared for the Committee by Margit MOLNAR, Michael ABENDSCHEIN, Taoufik ABBAD, Abdenbi EL ANSARY, Peter JARRETT, Badr LAZRAK, Cyrille SCHWELLNUS, and Jen-Hsuan (Paul) YU, under the supervision of Sebastian BARNES. It benefited from comments provided at various stages by Luiz DE MELLO, Isabell KOSKE, Gizem GERGIN, and Sebastien TURBAN (Economics Department) as well as experts in the Centre for Entrepreneurship, SMEs, Regions and Cities, Centre for Tax Policy and Administration, OECD Development Centre, Financial and Enterprise Affairs, Education and Skills, Employment, Labour and Social Affairs, Environment, Public Governance, Global Relations and Cooperation, Science, Technology and Innovation, and Trade and Agriculture Directorates. Statistical research assistance was provided by Mafalda TRINCAO and Lutécia DANIEL and editorial support was provided by Jean-Rémi BERTRAND.
After successfully implementing the first phase of the Morocco Country Programme (2015-2019), the Secretary-General of the OECD and the Head of Government of the Kingdom of Morocco signed the Memorandum of Understanding for the second phase in June 2019. The Morocco Country Programme 2 is designed to support the implementation of Morocco’s New Development Model, a visionary blueprint designed to accelerate sustainable growth, foster social equity, and position the country as a competitive force in the global economy of tomorrow. The Country Programme focuses on four pillars: i) improving public governance and tackling corruption; ii) making Morocco a more attractive place to invest and improving competitiveness; iii) fostering a more inclusive society by supporting education and the economic empowerment of women; iv) unlocking the potential of Morocco’s regions. It comprises of 15 projects spanning 6 OECD Directorates.
The Economic Desk and Survey project was launched in the framework of the second phase of the Country Program, coordinated by the Head of Government Office, by Mrs Nadia FETTAH, Minister of Economy and Finance, on 20 February 2023 and under her supervision.
On the Moroccan side, Dr. Ahmed Khalid BENOMAR, Senior Advisor at the Ministry of Economy and Finance, coordinated the preparation of this Economic Survey. The Economics Department country desk visited Morocco a number of times, including the Tanger-Tétouan-Al Hoceima region supported by the wilaya of Tanger-Tétouan-Al Hoceima Region and the “Agence pour la Promotion et le Développement du Nord”, and met with a wide range of Moroccan officials as well as representatives of the social partners, the private sector, academics, and country-based experts. Information about the latest as well as previous Surveys and more details about how Surveys are prepared are available at www.oecd.org/eco/surveys .