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Regarding the reform of the foreign exchange market, Jouahri reported that the first phase took place under good conditions, thus allowing the authorities to start the second step of the process.
Wali Bank Al-Maghrib indicated that through the assessment of the year 2019, which concludes that of a whole decade, it emerges that despite the strengthening of its external position thanks to its stability, Morocco shows a performance insufficient internal. It is moreover such an observation, noted Jouahri, which led His Majesty the King to set up the Special Commission on the Development Model.
In addition, the deployment of the framework law of the strategic vision of education and training requires substantial human and material resources, as well as the mobilization of all stakeholders so that they fulfill their commitments, while ensuring to its implementation within the allotted time.
Resilience, adds Jouahri, requires enhancing the competitiveness of the economy and accelerating its growth. To this end, it would be necessary, in accordance with the King’s call, to set up a new generation of large, coherent and harmonious sectoral plans, capable of serving as a pillar for the development model in its new version.
Also, several cross-cutting reforms must be pursued, including the new investment charter, the deployment of the new framework for public-private partnerships, the work of advanced regionalization, the reform of the civil service and that of pension systems. , he said.
On another aspect, Jouahri recalled that it is essential to speed up the establishment of the legal and regulatory framework for the implementation of the guidelines set by the environmental charter. In addition, he said that the current crisis is an opportunity to seize the opportunities offered by new technologies and recognize the need to accelerate the implementation of a global digital strategy taking into account consistency and complementarity. stakeholders.
Wali Bank Al-Maghrib, on this occasion, assured that thanks to the King’s foresight, Morocco was able to contain the pandemic and mitigate its impact, and that the conclusions of the Commission on the Development Model, set up by the Sovereign, should contribute to the formulation of a new post-crisis vision.
The mobilization of the nation’s vital forces behind His Majesty the King will promote the preservation and consolidation of the achievements of the Kingdom in order to enable it to emerge from this crisis more resilient and better prepared to continue its fight for accelerated, sustainable and inclusive growth, Jouahri concluded.
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