It is about “building solid States”, by ensuring the population has access to education, health and social protection, while mobilizing institutions to prepare for a promising future, “establishing a diversified economy” by encouraging a balanced alternation between public and private sectors and “maintaining macroeconomic balances” by constantly monitoring public finances.
The minister highlighted, on this occasion, Morocco’s trajectory in terms of institutional reforms and mobilization of internal resources.
“We have an extremely strong trajectory of institutional reforms which today allows us to increase state resources and revenues by almost 15% on average over the last few years by lowering tax rates,” he said. she explained.
She underlined, in this sense, the importance of institutionalizing all the administrations which collect revenue and broadening the base.
In terms of investments, the public sector remains “the largest investor” in Morocco, with nearly 34 billion euros committed this year, said Ms. Fettah.
“It is extremely important that while the State continues its investments in infrastructure, in many public establishments, this investment trickles down to the economy,” she observed.
And to explain: “We ensure that we create national champions who benefit from this investment effort, that we leave room for small and medium-sized businesses, and that we favor public-private partnerships.”
In a statement to MAP, Ms. Fettah indicated that this event constitutes an opportunity to reaffirm the solidity of the partnership between Morocco and France, particularly after the state visit of President Emmanuel Macron to Morocco, at the invitation of His Majesty King Mohammed VI.
“Today we are satisfied with this solid partnership and we are even more ambitious and much more demanding for the future,” said the minister.
Morocco, moreover, is itself a major player in investment in Africa, driven by the strategic vision of His Majesty the King for intercontinental development, she observed.
“This is also a point that we raised today with our French partners, to be able to continue this investment and financing effort for African development,” she added.
Speaking at the opening of the event, the Minister Delegate to the French Minister for Europe and Foreign Affairs, in charge of Foreign Trade and French people abroad, Sophie Primas, indicated that Africa, thanks to its demographic dynamics, the wealth of its resources and the remarkable dynamism of its businesses, positions itself as “one of the engines of growth of the 21st century”.
To this end, the French minister underlined the major interest in establishing and consolidating “ever closer” links between France and Africa by integrating civil society, in particular youth, the private sector and entrepreneurs from both shores of the Mediterranean.
“This desire to strengthen our relations draws its roots from the shared history which has long intertwined the destiny of France with that of many countries in Africa,” she said, adding that this heritage resonates powerfully today since , France is home to the largest African diaspora in Europe.
For his part, the deputy general director in charge of export at “Business France”, Didier Boulogne, stressed that Africa is a continent of opportunities and innovation. “More than ever, Ambition Africa aims to generate new business flows between Africa and France,” he noted.
And to specify that “cross partnerships, and more broadly all modes of cooperation, should be considered given that they have a win-win impact for the continent and for France”.
Organized by “Business France”, the French agency responsible for the international development of French companies, the sixth edition of the “Ambition Africa” Economic Forum is an opportunity to address the challenges and opportunities of the African continent, with round tables on the program. , conferences, networking and B2B meetings between French and African companies.
The meeting is being held in Bercy, headquarters of the French Ministry of the Economy, in the presence of ministers and delegations of French businesses and those from the African continent.
