Investing in Institutional, Human and Social Capital to Build Morocco’s Future

STORY HIGHLIGHTS Moroccan flag over Djemaa El Fna Square in Marrakech, Morocco
  • The Morocco Economic Memorandum 2017 builds on the Kingdom’s assets to propose an ambitious albeit realistic pathway to achieving upper middle-income status in the next 25 years.
  • Promoting a more open and inclusive society is one of the key pathways Morocco must take to achieve stronger economic growth, enhance job creation, and gradually close the development gap with more advanced countries.
  • The Memorandum also seeks to address the issue raised by His Majesty, King Mohammed VI, in his 2014 Throne Speech on how intangible capital could become the “fundamental criterion in the development of public policies so that all Moroccans may benefit from their country’s wealth”.