Country Growth and Jobs Report : Scaling the Atlas - Growth and Jobs for a Prosperous Morocco

Overview & Synopsis

This Country Growth and Jobs Report is conceived as an analytical contribution to support Morocco in realizing the ambitions of its New Development Model (NDM). Issued in 2021 by a Special Commission convened by His Majesty King Mohammed VI, the NDM articulated a bold and coherent vision for modernizing Morocco's economy and society. It set concrete targets: doubling per capita gross domestic product (GDP) by 2035, raising female employment to 45 percent, and formalizing 80 percent of employment. Since then, Morocco has moved with purpose, advancing landmark reforms across social protection, state-owned enterprise (SOE) governance, private investment promotion, the business environment, and taxation, among other areas. As a result, growth is accelerating, with World Cup-related investments providing an additional tailwind and strong momentum projected to continue in the coming years. Yet, sustaining current trends alone will not be enough to achieve the trajectory envisaged by the NDM. This report offers policy recommendations to help bridge that gap and put Morocco on a faster path to its development goals.