The World Bank will finance two programs in Morocco for 600 million dollars

The World Bank will finance two programs in Morocco for 600 million dollars
The World Bank will finance two programs in Morocco for 600 million dollars

The World Bank approved, on Monday, financing for improving the inclusiveness and quality of public services in Morocco. The total envelope amounts to $600 million for two programs.

The two programs in question aim to improve the performance of the sector and public services in Morocco. The first will support the public sector reform program initiated by the Kingdom, by supporting the improvement of governance, restructuring, competitive neutrality and monitoring of the performance of public establishments and enterprises (EEP) with an amount of 350 million of dollars.

The second program, “Performance of the Moroccan public sector” (ENNAJAA), has a budget of 250 million dollars, should support the efforts of the Moroccan government to improve performance and transparency, by focusing on the modernization of the public administration, particularly through digitalization and reforms in public finance management, said a press release from the financial institution.

“The priority objective of these two projects is to improve the performance of the public sector and the quality of public services provided to Moroccan citizens, in accordance with Morocco’s new development model,” declared Jesko Hentschel, Country Director for the Maghreb and Malta to the World Bank, cited in the press release.

The Country Director for the Maghreb added that the reform of the EEP is a priority for Morocco, as highlighted during the last Council of Ministers chaired by King Mohammed VI on June 1. “From a perspective of national prosperity, the objective is to restructure the public portfolio, improve its performance and carry out reforms to offer the population accessible and high-quality services,” he said.

The World Bank should support the Moroccan government from the initial phases of the EEP reform, by strengthening the technical and implementation capacity of the two executing agencies, namely the Ministry of Economy and Finance, in particular its Directorate of public enterprises and privatization (DEPP) and the newly created National Agency for the Strategic Management of State Participations and Monitoring of the Performance of Public Establishments and Enterprises (ANGSPE), while encouraging coordination and focusing on results.

As for the ENNAJAA program, the World Bank estimates that the additional financing will enable improvement in the efficiency of public spending and revenue management, including greater budgetary transparency for citizens in terms of public spending.

In terms of public sector performance, the initial ENNAJAA program is already recording “significant” results after almost two years of implementation, with a notable increase of almost 7% in additional tax revenues thanks to better compliance at the national level, as well as a 22% increase in revenues collected by the ten largest municipalities at the subnational level.

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