Mrs. Nadia FETTAH, Minister of Economy and Finance, chaired the meeting of the Board of Directors of the Moroccan Pension Fund on July 22, 2025.
In her opening speech, the Minister commended the continuous efforts made by the members of the Board and its committees, as well as the spirit of consensus that characterizes their work. She highlighted the collective commitment to responsible and effective governance, serving to strengthen institutional efficiency.
The Minister also emphasized the importance of adhering to the provisions of the decree approving the code of good governance practices for public institutions and enterprises, as part of the optimal implementation of the provisions of the 2011 Constitution, which establishes the principle of good governance as a fundamental pillar in building a modern state.
As part of the pension system reform process, the Minister informed the Board members of the conclusions of the meeting of the National Commission in charge of this reform, held on Thursday, July 17, 2025, under the chairmanship of the Head of Government.
During this meeting, the Board of Directors took note with satisfaction of the progress report on the implementation of the 2022–2024 performance contract signed with the State, whose execution rate reached 91%.
This result reflects the institution’s solid experience in strategic management, enabling it to achieve the set objectives across four major areas: strengthening the governance system, ensuring the sustainability of the pension schemes, optimizing the financial portfolio, and continuously improving the quality of services provided.
In this dynamic, the Board gave its approval for the development of a new performance contract with the State for the period 2025–2027, based on the institution’s strategic plan for the same period.
After reviewing the items on the agenda, the Board of Directors finalized the accounts of the Fund for the 2024 fiscal year and approved all the decisions and recommendations presented to it.
The session concluded with the reading of a message of loyalty and fidelity to His Majesty King Mohammed VI, may God assist him.