Morocco Loses 7% of GDP Annually to Corruption, Minister Reports

In two years, Morocco has gained six points in the ranking of the Corruption Perceptions Index (CPI) by occupying the 73rd place out of 180 countries in 2019. In 2017, the kingdom was ranked 90th. Similarly, the country has improved its position in the Doing Business index by rising to 53rd place in 2019 out of 190 countries.

However, the fight against corruption remains a true Lernaean Hydra. This is why the government is taking certain initiatives in the direction of the fight against corruption. Before the deputies, the Minister of Economy and Finance mentioned the law on the national body for integrity and the fight against corruption. Mr. Benchaaboun indicated that a law will be submitted for approval to Parliament. According to him, this law has defined measures to prevent conflicts of interest.

For example, the law would prohibit the president of a bank from negotiating shares. Since he has access to information by virtue of his position.