Mrs. Nadia FETTAH, Minister of Economy and Finance, granted, Tuesday, January 31st 2023, an interview to Mr. Sarvesh Suri and Mr. Cheick-Oumar Sylla, respectively Director of Infrastructure for Africa and Director for North Africa and the Horn of Africa at the International Finance Corporation (IFC), who are on a working visit to Morocco from January 30th to February 4th 2023.
On this occasion, Mrs. FETTAH thanked the IFC for the efforts and the support brought by this institution to the development of the Moroccan private sector and to the reinforcement of its role as an engine of investment and job creation.
The Minister of Economy and Finance then presented the efforts made by the government, under the enlightened leadership of His Majesty the King, may God assist him, in the main areas of cooperation with the IFC, notably Public-Private Partnerships (PPP), advanced regionalization and the operationalization of the Mohammed VI Fund for Investment
In this regard, Mrs. FETTAH emphasized the significant potential of our country in the field of renewable energy and the considerable opportunities that the sector offers for the development of PPP projects, capitalizing, in particular, on the expertise and support of the IFC.
The Minister of Economy and Finance also emphasized the crucial role that the Mohammed VI Fund for Investment, through its various thematic funds, can play in accelerating and consolidating the investment efforts undertaken by Morocco.
For their part, the Director of Infrastructure for Africa and the Director for North Africa and the Horn of Africa at the IFC welcomed the quality of cooperation relations between their institution and Morocco, framed by a Memorandum of Understanding signed in June 2021.
In this context, Mr. Cheick-Oumar reiterated the IFC's readiness to accompany the reforms deployed by Morocco in the priority areas agreed in the Memorandum of Understanding.
For his part, Mr. Sarvesh welcomed the dynamics of reforms undertaken by Morocco and emphasized the key position of the Kingdom on the African level in terms of potential development of green energy.
Moreover, Mrs Nadia FETTAH and Messrs Sarvesh Suri and Cheick-Oumar Sylla expressed their common will to reinforce the collaboration between the Ministry of Economy and Finance and the IFC in order to ensure the success of the Annual Meetings of the World Bank Group and the IMF, scheduled in October 2023 in Marrakech.