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    Growth: Govt. Targets Average of 4% for 2021-2026 Period

    12 Oct 2021

    Rabat - The government program, whose main lines were presented Monday in Rabat by the Head of Government Aziz Akhannouch during a plenary session held by both Houses of Parliament, provides for increasing the pace of national economic growth to an average of 4% during the period from 2021 to 2026.

    To achieve this, the government plans in its program to put in place a series of immediate and concrete measures offering opportunities for all, especially young people, as part of the continued recovery of the national economy and mitigation of the effects of the health crisis on employment.

    The government's recovery plan, which responds to the needs of citizens and helps put an end to the difficulties faced by economic actors, includes innovative employment programs and provides support for initiatives, in addition to funding and support for national companies.

    Similarly, the new government considers, in this program, that the transformation of the national economy is a fundamental condition for achieving strong growth, capable of creating decent and productive employment.

    In this regard, he stressed the importance of structural reforms that strengthen the competitiveness of the Moroccan economy, as well as the completion of projects related to the support of the pillars of the welfare state, the economic recovery and the implementation of sectoral policies.

    Improving the competitiveness of the national economy is one of the main objectives of the economic transformation, the success of which also depends on the simplification and clarification of the rules governing economic activity.

    The clarification of the legislative framework and the improvement of the quality of the business environment, in particular through the acceleration of the adoption process of the Investment Charter, are also real pillars to ensure the effectiveness of this economic transformation plan, which consists in developing a diversified and innovative economy, investing in skills to meet the needs of businesses and accelerating the digital transition, says the government.

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