Highlights

Holding of the first meeting of the Board of Directors of ANGSPE

12/12/2022
Holding of the first meeting of the Board of Directors of ANGSPE

The National Agency for Strategic Management of State Participations and Performance Monitoring of State-owned Enterprises (ANGSPE), held, on Monday, December 12, 2022 at 3 p.m. at its headquarters in Rabat, the first meeting of its Executive Board under the chairmanship of the Minister of Economy and Finance, Mrs. Nadia FETTAH, and in the presence of the representatives of the State, appointed by the Government Council, on December 1, 2022, as members of the said Executive Board.

This first meeting of the ANGSPE’s Executive Board is part of the deployment of the High Royal Guidelines regarding the public sector reform, in general, and the creation of the ANGSPE in particular.

As a reminder, Mr. Abdellatif ZAGHNOUN was appointed by His Majesty the King, may God Glorify Him, General Director of the National Agency for State Participations during the Council of Ministers in July 2022, The Executive Board held today acts the establishment of the administrative and management bodies of ANGSPE as well as the effectiveness of the Law No. 82.20 establishing the National Agency, promulgated by Dahir No. 1-21- 96 of 15 hija 1442 (26 July 2021).

After a presentation, by the General Director, of the National Agency and its prerogatives with regard to Law no. 82.20, the other agenda points, dealt with during this session of the Executive Board, enabled the members to approve the components constituting the ANGSPE, namely, the organizational model, staff regulations, procurement’s rules and funding model, and also to approve the roadmap for the development of the state shareholding policy.

It should be recalled that the ANGSPE is a state-owned enterprise, endowed with legal personality and financial autonomy, whose main mission is to watch over the patrimonial interests of the State shareholder, to manage the State's participations, and to monitor and assess the performance of State-owned Enterprises.

Constituting one of the pillars of public sector reform, the ANGSPE will be endowed with a governance adapted to its mission, a medium and long-term strategic vision allowing the assessment and risk control of the State-owned Enterprises involved and enabling to propose solutions capable of developing an effective public shareholding that best meets the strategic objectives of the State shareholder and falling within the framework of the principles of the global reform of the public sector.

The Scope of intervention of the National Agency includes 57 State-owned enterprises (15 entities of a commercial nature, 35 State-owned enterprises with direct State participations and 7 participations held exclusively or jointly by the State or the State-owned enterprises).