Marrakech - Morocco has very important economic assets mainly its institutional and economic stability, said, Saturday in Marrakech, World Bank Managing Director for Finance and Chief Financial Officer Bertrand Badré.
Marrakech – Morocco has very important economic assets mainly its institutional and economic stability, said, Saturday in Marrakech, World Bank Managing Director for Finance and Chief Financial Officer Bertrand Badré.
Morocco showed great institutional and economic stability amid the turmoil that has been going on over the past few year regionally, with what is called the Arab Spring, and internationally with the global slowdown, he told MAP on the sidelines of the 3rd “The Atlantic Dialogues” on Oct. 24-26.
Besides its macroeconomic, institutional and economic stability, Morocco has an asset of location in the crossroads of sub-Saharan Africa and Europe, in addition to openness on the Atlantic.
He also highlighted the construction of infrastructure and the advanced urbanization taking place in Morocco which are “very important” for the World Bank, calling for the diversification of national economy to include more stakeholders in formal economy.
He went on to say that the Morocco-WB partnership, which is creative, is meant to benefit also Morocco’s neighboring countries as well as sub-Saharan African ones.
