Rabat – Morocco’s National Agency for Stimulating Employment (ANAPEC) has pledged to create 2,600 Very-Small Businesses this year in order to support 35,000 young job seekers and 6,500 entrepreneurs.
The employment agency revealed its ambitious plans for 2022 during an annual council meeting held on December 29, in Rabat. Chaired by Morocco’s Minister of Economic Inclusion, Small Businesses, and Employment, Youness Sekkouri, the meeting reviewed the agency’s action plan for this year.
Aiming to stimulate economic growth, the agency reiterated its commitment to serving job seekers, businesses, and investors alike.
ANAPEC said it is already committed to providing consulting services for over 150,000 job seekers and to help integrate over 100,000 job seekers into the labor market.
During the meeting, Sekkouri called for a sectoral approach to decrease unemployment. The minister underscored that ANAPEC must adapt to market needs not only to generate new jobs but to maintain and preserve existing ones.
In line with Morocco’s New Development Model (NDM), the minister expressed the agency’s need to guarantee the delivery of services across Morocco’s 12 regions. He emphasized serving regions with economic disadvantages.
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ANAPEC has significant experience to draw on and support government efforts at creating socio-economic equity in the country, the Minister explained in a press release.
Stimulating economic growth by creating jobs and supporting entrepreneurship is in line with Morocco’s vision for socio-economic development.
Morocco capitalizes on its young demography to attract investors flocking to the region in search of cheap labor and access to the European and American markets.
By encouraging young people to opt for market-oriented majors, the North African country also aims to alleviate the overcrowding in open-access university majors.
