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Country data

32.6 million
446,600 sq km
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.


Key facts about the EBRD in Morocco

No. of projects


Net EBRD investment

€271 million

Cumulative disbursements

€81 million

Portfolio in private sector



Last updated 31 March 2014

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


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

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