Morocco’s Public Investment Surges 37% Over Decade, Boosting Regional Development

In addition to this increase recorded over ten years in public investment, the execution rate of investment credits under the overall budget has also recorded a progression, from 74.9% in 2016 to 77.7% in 2019, reports Aujourd’hui le Maroc.

The same note, which reveals detailed data on the major investment projects initiated and their sectoral distribution, emphasizes the regional dynamics recorded, especially through regions with low contributions that have experienced growth rates higher than the national average, estimated at 5.5%. Among these regions, the Laâyoune-Sakia El Hamra region recorded a growth rate of 10.9%, Dakhla-Oued Eddahah a rate of 10.5%, Souss-Massa a rate of 5.7% and a rate of 5.6% for Béni Mellal-Khénifra.

This document also addresses public investment distributed during the health and economic crisis caused by the Covid-19 pandemic. Thus, the Mohammed VI Fund for Investment set up has mainly been endowed with an amount of 45 billion DH. In addition, a reallocation of investment expenditure to strategic priorities has also been chosen. Moreover, a new reform of public investment management is being developed, in order to develop the management of public investment, strengthen its efficiency and increase its regional impact.