Morocco needs to double its economy and formal jobs by 2035, but current plans won't get it there
What happened
Morocco aims to double its economy and formal employment by 2035, a goal set by its New Development Model. A new World Bank report finds that the country's current growth trajectory will not be enough to meet these targets. It suggests new policy recommendations to close the gap.
Why it matters
Morocco has ambitious goals for its economy and job market, including a significant increase in women's employment. This report is a reality check, showing that even with recent reforms and investments, the country is not on track. It means the government will need to implement more aggressive changes to hit its targets, or those targets will be missed.
The signal
Watch for specific new policy initiatives from the Moroccan government that directly address the report's recommendations, especially those focused on private investment and business environment reforms.