Nadia Fettah, the Minister of Economy and Finance, highlighted on Tuesday in Washington the long-term reforms led by Morocco under the supervision of His Majesty King Mohammed VI, emphasizing their role in transforming the national economy and fostering inclusive growth.
This was stated during a conference organized by the Stimson Center on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, where the minister pointed to tax reforms, infrastructure modernization, environmental transition, and the stimulation of private investment through public-private partnerships.
Fettah underscored the necessity of continuing these reforms at an accelerated pace, focusing on innovative and high-value-added sectors to enhance Morocco’s international competitiveness. She also emphasized public policies aimed at creating job opportunities through educational reforms and training skills that align with the needs of emerging industries.
Regarding energy, the minister confirmed that Morocco aims to raise the share of renewable energies to 52% by 2030, noting that this strategy, supported by significant international investments, aims to achieve energy sovereignty and accelerate the transition to a green economy.
Fettah praised the recovery of the tourism sector, which has created new job opportunities for young people, and discussed the royal initiative for the Atlantic and the Nigeria-Morocco gas pipeline project to enhance energy connectivity on the African continent and link it to European markets.
She also pointed out the ongoing development in the Moroccan Sahara regions, which have become attractive centers for foreign investors, especially in renewable energy.
Nadia Fettah is leading the Moroccan delegation at the annual meetings of the International Monetary Fund and the World Bank in Washington, set to continue until October 18.
