Morocco ambitions to become stronger, more competitive

Under the enlightened leadership of His Majesty King Mohammed VI, Morocco ambitions to become a stronger and more competitive country on the world stage and a hub of stability and prosperity for its neighbors, for Africa, and for the Euro-Atlantic region, Head of Government Aziz Akhannouch said on Monday in Paris.

Speaking before the Council of the Organization for Economic Cooperation and Development (OECD), Akhannouch noted that the economic and social momentum Morocco is currently experiencing was set in motion under the leadership of the Sovereign, the guarantor of continuity in public policy, highlighting the Kingdom’s upward trajectory and its ability to protect its citizens, preserve its stability, invest in the future, and accelerate its reforms.

The head of government emphasized that Morocco, in the face of various shocks linked in particular to geopolitical tensions, global inflation, and the restructuring of value chains, “has chosen to stay the course: building the welfare State, investing in human capital, strengthening our productive capacity, and preserving our macroeconomic stability.”

Akhannouch, who was accompanied by Minister of Economy and Finance Nadia Fettah, reviewed the major economic and social achievements that have put the Kingdom on the path of emerging economies, in accordance with His Majesty the King’s Vision, notably “the historic expansion of social protection,” monthly assistance to the most vulnerable families, the renovation of primary healthcare facilities, and education reforms.

Morocco has also undertaken the necessary reforms to protect its citizens amid challenging economic conditions, while maintaining a sound macroeconomic framework, Akhannouch said, noting that in 2025, according to the national accounts of the High Commission for Planning, GDP growth stood at 4.9%, compared to 4.4% in 2024.

Following the global inflation spike, the Kingdom brought inflation down to contained levels: 0.9% in 2024 and 0.8% in 2025, while the budget deficit stood at 3.5% of GDP in 2025, he specified.

The head of government also highlighted the momentum in investment and production, noting that since the new Investment Charter took effect, 381 projects have been approved for a total estimated value of MAD 581 billion, expected to generate 245,000 direct and indirect jobs.

He further highlighted the achievements of Moroccan industry, now among the symbols of this move toward higher-end products, driven by the Royal Vision and investor confidence. In this regard, he cited the automotive sector, which has become the leading exporter and the largest employer, with exports rising from MAD 87.1 billion in 2021 to 154.5 billion in 2025, and production capacity now approaching 1 million vehicles per year.

This trajectory, Akhannouch continued, also relies on connectivity infrastructure that is gradually changing the Kingdom’s economic geography.

In this context, he assured that this momentum will continue, notably with the Kingdom co-hosting the 2030 World Cup alongside Spain and Portugal.

More than just a sporting event, this global gathering will accelerate the transformation already underway, he said, noting that the infrastructure “we are building must first and foremost serve our citizens, our regions, and our economy, well beyond 2030.”

On the sidelines of this meeting, Akhannouch signed OECD’s guest book.