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Country data

Population:
32.6 million
Area:
446,600 sq km
Capital:
Rabat
Currency:
Moroccan dirham

Key developments and challenges

  • High oil prices and a weaker external environment have led to a build-up of fiscal and external pressures. To provide some buffer against external shocks, Morocco obtained a US$ 6.2 billion credit line from the International Monetary Fund (IMF) under a 24-month precautionary liquidity line (PLL).
  • The government has faced difficulties in implementing its subsidy reform programme. The authorities have raised fuel and food prices, but further reform measures have been delayed, owing to their politically sensitive nature and strong opposition to them.
  • Several steps have been taken to encourage foreign investment. A committee has been set up to ensure a transparent framework for foreign and domestic investment, along with a one-stop shop to offset the impact of bureaucratic hurdles.

Morocco in the 2013 Transition Report

 

Our work in Morocco

In Morocco our priorities include financing private enterprise and promoting infrastructure reform.

Morocco

Key facts about the EBRD in Morocco

No. of projects

12

Net EBRD investment

€197 million

Cumulative disbursements

€85 million

Portfolio in private sector

68%

 

Last updated 31 December 2013

View factsheet

Sectors we focus on in Morocco

  • Financial sector
  • Agribusiness sector
  • Infrastructure
  • Power and energy

Our assessment in Morocco

The EBRD’s priorities in Morocco will be: financing private enterprise, modernising the agribusiness value chain and further strengthening the financial sector.

The Bank will also support Morocco’s sustainable energy strategy and promote transport and municipal infrastructure reform as well as the decentralisation of municipal services.

It will continue to cooperate with other IFIs, the EU and bilateral partners to ensure that its operations take full account of their work.

Read assessment

CONTACTS

Regus
Twin Center, Tour Ouest, 16e étg.
Angle Boulevards Zerktouni et Al Massira
20100 Casablanca
Morocco

Tel: +212 (0) 5 22 95 80 21
Fax: +212 (0) 5 22 95 80 23