By Loubna Flah
By Loubna Flah
Morocco World News
Casablanca, January 23, 2013
The study conducted by Bank Al Maghrib on the business environment in Morocco revealed that the business environment was not generally favorable to business in 2012 for 24 percent of the interviewees.
The monthly study of the economic juncture revealed that 33 percent of Moroccan industrialists asserted that the overall environment of business was not favorable whereas 59 percent asserted that it was medium.
Only 9 percent of the interviewees considered the business conditions as favorable to the functioning of business.
According to the Moroccan daily Al Massae, the study revealed also that the industrialists were optimistic about the prospects of business environment for the current year. They expected a slight improvement in the business conditions during the first term of 2013.
Business environment encompasses a set of social, legal, economic, political and institutional conditions that affect the functioning of organizations.
The internal environment includes human resources, material, money, machinery and management, usually within the control of business.
The external environment factors are beyond the control of business enterprise such as government, legal factors, geo-physical factors, political factors, socio-cultural factors, demo-graphical factors etc.
Regarding the provisioning of basic materials, 88 percent of the enterprises included in Bank Al Maghrib survey believe that the purveying of materials was normal during the fourth term of 2012, whereas 10 percent asserted that it was satisfactory.
Only 1 percent admitted facing problems in affording industrial materials.
The provisioning was satisfactory for all industrial sectors except for the electrical and electronic industry where it was rather normal especially during the second term of 2012.
On the other hand, the reserves in primary elements acquired by business enterprises were rather low for textile and leather industry as well as for mechanic and iron industry. However, the food industry reserves remained stagnant.
According to the same study, the number of active workers remained constant during the last term of 2012, whereas it has increased significantly for the chemical and petrochemical industry.
Among the managers interviewed, 37 percent pinpointed that the low demand remains a real impediment to the increase of production, whereas 21 percent pointed out that the fierce competition hinders the improvement of productivity.
Among the industrialists interviewed, 52 percent believe that the treasury rate fluctuated between low and normal, whereas 47 percent asserted that the treasury rate was rather normal.
Only 1 percent of industrialists believe that the treasury maintained a low level.
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