There is a growing call within economic and political circles to firmly establish the principles of good governance as a key driver in reinforcing trust in the Moroccan economy. This is particularly crucial given the challenges posed by the regional and international context, alongside the increasing need to attract investment and achieve inclusive and sustainable development.
According to reports from the World Bank and the Organisation for Economic Co-operation and Development (OECD), good governance is one of the essential pillars of a stable and transparent economic environment. It helps build trust among investors and international partners through mechanisms such as accountability, financial oversight, and institutional independence.
In the Moroccan context, economic analysts have emphasized that the royal vision for administrative reform and the promotion of integrity forms a foundation for modernizing state structures. This is evident in royal speeches repeatedly stressing the importance of “linking responsibility to accountability” and the “need to improve the performance of public institutions.”
Dr. Khalid Ait Taleb, a political economy expert, told the Maghreb Arab Press Agency that “Improving Morocco’s ranking in global governance indicators, such as Transparency International’s Corruption Perceptions Index, requires structural reforms, including simplifying procedures, ensuring transparency in public procurement, and restructuring economically significant institutions.”
Similarly, a 2024 report from the African Development Bank noted that “enhancing governance in Morocco could increase the efficiency of public spending and improve service quality, which would positively impact the business climate and economic actors’ confidence.”
Observers note that despite Morocco’s significant potential, trust in its economy is still challenged by bureaucracy, weak institutional coordination, and administrative corruption. These issues underscore the need to accelerate reforms related to digitalizing the administration and expanding financial transparency.
In this regard, a report by the World Economic Forum called on Morocco to adopt a comprehensive approach to economic system reform, centered around “sound governance that frames the relationship between the state and the private sector, encourages initiative, and provides legal guarantees for investors.”
The Moroccan government appears aware of these challenges, having launched several initiatives in recent years—such as reforming regional investment centers and strengthening the independence of governance institutions like the Competition Council and the National Authority for Probity, Prevention and the Fight against Corruption.
Experts hope these efforts will be backed by genuine political will to instill a culture of accountability, allowing good governance to become a true lever for strengthening the national economy and achieving inclusive and equitable growth that leaves no one behind.
Source: Fes News Media
فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة