2024-06-13 03:24:53
Throughout this change, Mr. Rouissi defined the significance of this world occasion for the nationwide and African banking system. He additionally mentioned the elevated dedication of Moroccan banks in Africa, the character of their actions, in addition to their essential function in strengthening the mixing of the African continent.
1- How do you interpret the selection of the WB and the IMF for the group of this high-profile occasion in Morocco?
You will need to emphasize that these Assemblies are being held one month after the Al-Haouz earthquake, which is right this moment a area in a reconstruction part below the Excessive Directions of His Majesty King Mohammed VI.
To begin with, these Assemblies are of explicit significance in a number of respects. This is a chance for us to dialogue with worldwide establishments.
That is the primary time in 50 years that these Assemblies have been held in Africa. It is a crucial sign of confidence in Morocco which is organizing these Assemblies.
This demonstrates the arrogance of the worldwide group in Morocco’s capabilities, as a secure nation endeavor profound reforms in its financial system, and which presents important improvement prospects.
As you already know, this occasion brings collectively greater than 14,000 members from 189 international locations, together with ministers, central financial institution governors, representatives of civil society and the non-public sector.
And so, right this moment we’ve got right here in Marrakech a particularly giant viewers of all world monetary gamers. It is a chance to debate the problems and challenges dealing with the African continent.
2- What’s the objective of your participation within the work of those Assemblies?
By our discussions with varied worldwide stakeholders, we noticed loads of optimism in the direction of Morocco, its financial technique, its imaginative and prescient for Africa, and its need for important South-South and in addition North-South improvement. in partnership with worldwide monetary establishments.
Our participation on this occasion is a part of this framework as a result of we’re a Moroccan and pan-African banking participant and we work together with worldwide monetary establishments in an effort to cooperate with a view to attracting financing and investments in the direction of Morocco.
It is a nice alternative for us to change, dialogue and discover new progress and funding alternatives, at all times in partnership with the worldwide monetary group.
3- In your opinion, how essential are these Assemblies for the nationwide banking and monetary sector?
We’ve got challenges and challenges to beat by way of funding and extra typically financing the financial system. These funding applications concern each particular person prospects, small and medium-sized companies (SMEs), and huge tasks.
You realize the challenges we face in Morocco and extra typically in Africa within the areas of infrastructure, renewable energies, water, electrical batteries and even hydrogen.
All these investments require more and more substantial funding envelopes over more and more long-term maturities.
These challenges require revolutionary approaches. It is a privileged alternative to start or proceed in-depth dialogue with the lots of of worldwide monetary establishments current right here, together with multilateral banks and industrial banks, in an effort to current them with all these alternatives.
4- Africa was a central axis of the dialogues on the Assemblies, inform us in regards to the dedication of the actors of the nationwide banking sector in Africa?
Gamers within the nationwide banking sector in Morocco are strongly dedicated to Africa, following a imaginative and prescient of partnership and funding promoted for greater than twenty years below the Excessive Pointers of His Majesty the King.
This technique has enabled Moroccan financial actors to broaden their presence in varied sectors, resembling banking, insurance coverage, telecommunications, business, power and well being, thus strengthening Morocco’s management in funding in Africa.
With regard extra particularly to the banking sector, it performs a vital function in serving to to offer banking companies to populations in Africa, by increasing distribution networks and by creating digital options to supply banking companies and credit, thus bettering the circumstances of lifetime of African prospects.
Banks additionally help the expansion of SMEs and huge African firms, selling industrialization and job creation, whereas lowering imports in favor of native merchandise.
As well as, Moroccan banks are participating in infrastructure tasks to fulfill the rising wants of the African inhabitants, significantly within the areas of electrical energy, inexperienced power, transport, mobility and logistics. . This entails important investments and partnerships between native and worldwide banks to finance these tasks.
The general goal of those efforts can be to strengthen regional integration in Africa, presently at a degree of 10%, by facilitating intra-African financial exchanges.
Lastly, Moroccan banks play a key function in connecting financial actors within the international locations the place they’re current, thus contributing to the Royal Imaginative and prescient of Africa. Whereas persevering with the dialogue with the worldwide monetary establishments current in Marrakech.
2024-06-13 03:24:53