WB official says Morocco is at decisive turning point
Morocco, Economics, 10/9/1999

Morocco is at a decisive turning point that will determine whether the country will achieve rapid growth and improve the population's living conditions, World Bank vice-president for the Middle East and North Africa (MENA) Kamel Dervis wrote.

In a foreword to a recently-released WB report entitled, "A Stronger Growth, Job Opportunities, Choices for Morocco," Dervis forecasts "good" prospects for Morocco on the basis of generally satisfactory performances of the successive governments in terms of good economic management and sometimes difficult reforms.

The report, part of a series of WB-supervised economic surveys on the Middle East and North Africa region, expounds a strategy to promote rapid economic mid-term growth in Morocco.

Dervis said the proposals contained in the report reflect accomplishments made in the last ten years during which Morocco took major measures to build an open economy oriented by the private sector.

He also renewed the World Bank's commitment to keep supporting Morocco's development strategies with new loans, advise on reforms and analyses to help Morocco succeed in its reforms program and generalize better income and opportunities for all Moroccans.

Previous Stories:
  Morocco posts 6.3% growth in 1998, World Bank reports   (10/5/1999)
  Morocco attends conference on cultural economies   (10/2/1999)
  Morocco attends WB-IMF annual meetings in Washington   (9/27/1999)

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