In order to increase its competitiveness, Morocco must not count on internal demand as the only driving force for growth. Among the challenges that the Kingdom must tackle, there are the improvement of export support mechanisms and the reform of the administration. This is what the Director of the World Bank MENA (Middle East and North Africa) Department Simon Gray stated during the Regional Forum ''Doing Business and beyond: Improving Competitiveness in the Arab World'', which took place in Casablanca. According to Augusto Lopez-Carlos, the Director of the World Bank's Global Indicators & Analysis Department, another issue to be solved is the judiciary, which is currently not able to resolve disputes between companies in a short time. Although Lopez-Carlos gives a positive judgement on reforms recently carried out in Morocco, such as the laws on competition, on delay of payment and on public procurement, he maintained that ''much remains to be done in order to meet the need of growth and absorb youth unemployment''. Indeed, a social problem exist with regard to distribution of the outcomes of economic growth.(ANSAmed).
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor