Geneva: Morocco Initiated Unprecedented Economic, Social Development Plan (NGO)

Geneva – The NGO Promotion of Economic and Social Development (PDES) underlined, Wednesday in Geneva, Morocco’s efforts in economic and social development, thanks to an unprecedented plan that has resulted in many major projects.

“The Kingdom of Morocco has initiated for several years a national economic and social development plan, aiming at an unprecedented social, cultural, economic and environmental integration and many large-scale projects have emerged,” said the NGO’s president, Noureddine Oubad, who spoke at the Palais des Nations in the context of the 52nd session of the Human Rights Council (HRC).

During this meeting focused on the right to development, Oubad recalled the highlights of the World Bank’s Morocco Economic Situation Report (June 2021), according to which Morocco is among the countries that have “taken advantage of the COVID-19 crisis to turn it into an opportunity and launch an ambitious program of transformative reforms.”

“After its initial efforts to mitigate the immediate effects of the pandemic on households and businesses, Morocco has launched various policies to address long-standing inequalities and overcome some of the structural barriers that have limited the country’s economic performance in the past,” he said.

According to Oubad, this reform program includes the creation of a strategic investment fund (the Mohammed VI Fund) to support the private sector, an overhaul of the social protection framework to boost human capital, and the restructuring of Morocco’s vast network of public enterprises.

The non-governmental organization, which has consultative status with the United Nations Economic and Social Council (ECOSOC), called on the international community to actively support the Moroccan-led project through cooperation and development assistance programs.

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