Highlights

Morocco’s House of Representatives adopts unanimously bill N°76.20 establishing the "Mohammed VI Fund for Investment

14/12/2020
Morocco’s House of Representatives adopts unanimously bill N°76.20 establishing the "Mohammed VI Fund for Investment

The bill, presented by the Minister of Economy, Finance and Administration Reform, is pursuant to the High Instructions of HM King Mohammed VI contained in the Speech addressed, on October 9, 2020, to the Parliament at the First Session of the Fifth Legislative Year of the 10th Legislature, which is expected to play a pivotal role in promoting investment and boosting the national economy. His majestic put forward his instruction for the fund to be endowed with legal personality, have proper management bodies, and to be a model institution in terms of governance, efficiency and transparency.