Haitham Issa, Director of the European Bank for Reconstruction and Development (EBRD) branch in Morocco, highlighted the considerable progress made by the Kingdom under the leadership of His Majesty King Mohammed VI. He praised notable advancements in infrastructure development, the transition to renewable energy, financial inclusion, and the strengthening of institutional frameworks.
Issa made these remarks during an interview with the Moroccan News Agency (MAP) on the sidelines of a conference titled “Women in Business: Breaking Barriers for Female Entrepreneurs – A One Billion Euro Impact,” held on Wednesday in Casablanca. He described these achievements as a reflection of Morocco’s long-term vision and commitment to sustainable development, with climate action at the core of this approach.
The EBRD official noted that Morocco has firmly established itself as a regional leader in the green transition, setting ambitious goals and taking tangible steps to decarbonize its economy. He also emphasized the Kingdom’s success in attracting foreign direct investment and developing export-oriented industries, citing Morocco’s emergence as a major hub for automobile production as an example of best practices highlighted in the Bank’s key reports.
Issa further highlighted the resilience of Morocco’s economy in facing global challenges, noting that prudent economic policies have helped maintain macroeconomic stability. He added that the Moroccan economy has shown strong diversification and resilience, particularly in the manufacturing sector, despite the impact of drought on agriculture. Growth, which reached around 3%, is expected to rise further, driven by strong public investment, export expansion, and private sector investments.
