Minister of Economy and Finance, Mr. Mohammed BOUSSAID, took part, Tuesday, May 23rd 2017 in Rabat, in
a high-level national seminar under the theme: "Efficient Public Investment:
Towards inclusive and sustainable territorial development in Morocco".
chaired by the Head of Government, was organized in partnership with the
Organization for Economic Cooperation and Development (OECD) as part of the
implementation of the Territorial Dialogue project under the Country Program )
Between Morocco and the (OECD).
objectives of this event are:
• The preparation
of Morocco's accession to the (OECD) recommendation on effective public
the (OECD) and member countries experience on good governance practices for
public investment at the territorial and national level;
• The development
of a national roadmap that may involve new approaches / tools to improve the
governance and the efficiency of public investment.
addressed issues related to good public investment decisions, particularly at
local level, investment arbitrage, as well as constant implementation of
investments to ensure inclusive and sustainable local development.
speech, Mr. Mohammed BOUSSAID, stressed that the significant budgets attributed
to public investment raise issues relating to the impact on debt. However, he
added: "Without this debt, we will not have achieved a number of
structuring projects and infrastructures such as highways and ports ... Main
part of this debt is assumed by public institutions, 5 of which represent approximately
80% of this indebtedness.”
BOUSSAID stated that his Ministry and the World Bank were developing a system “Project
Investment Management” (PIM), which would make it possible to rank investments according
to priority, particularly in terms of their impact on the growth.
It is noted that the two year "Country
Program", established, June 15th 2015 in Paris includes the
accession of Morocco to 9 legal instruments of the (OECD), its enhanced
participation in 9 committees of the (OECD), as well as the implementation of
17 strategic projects in support of Morocco's national development objectives
(peer reviews, capacity-building activities and the integration of Morocco into
the (OECD) statistical concepts).