World Bank Fully Endorses Priority Given By HM The King To Intangible Capital

The World Bank (WB) fully endorses the priority given by HM King Mohammed VI in his recent Throne speech to intangible capital "as a key standard in the development of public policies, so that all Moroccans may benefit from their country’s wealth", said Simon Gray, World Bank country director for the Maghreb.

"In Morocco, enormous institutional progress has been achieved over the past decades and many other projects are underway as charted by the new constitution", Gray told Moroccan newspaper Le Matin du Sahara et du Maghreb.

The WB, within the framework of its new strategic partnership, is committed to support Morocco in his institutional reforms and boost financial, technical, and analytical support as needed in the years ahead, added the WB official.

Unlike many countries in the MENA region, opportunities exist in Morocco to effectively strengthen the Kingdom's institutional capital and economic governance and create necessary conditions for an open society with a prosperous, inclusive and resilient economy.

(MAP-11/08/2014)