The Court of Auditors recommends accelerating the implementation of restructuring measures initiated by EEPs with high economic and social stakes

by times news cr

Court of Auditors Calls for Acceleration of EEP⁤ Restructuring⁣ Measures

Rabat -⁣ The Court of Auditors has recommended accelerating the implementation of restructuring measures initiated by Public Establishments and Enterprises⁢ (EEP) with‍ high economic and social stakes within the framework of ​program contracts concluded with the State.

To achieve ​the desired outcomes, the ‌implementation of the EEP reform ‍requires the⁣ initiation of a set of‌ measures, including:

  • Defining the target⁢ composition of the ​restructuring of ⁤the public‌ portfolio
  • Developing legislative and regulatory texts in accordance ⁣with framework law No. 50.21
  • Accelerating the pace of operationalization ​of the missions of the National Agency for the Strategic Management ⁣of State Holdings and the Mohammed VI Investment Fund

The⁤ Court​ recommended ⁤defining a ⁣multi-annual restructuring program encompassing‌ various forms, such as consolidation, merger, transfer to the private ‌sector, capital opening, liquidation, and public-private partnerships, ⁢while identifying the target composition of the public portfolio.

It ‌also recommended activating the⁤ governance and management bodies ​of the Mohammed VI⁣ Investment ⁤Fund and accelerating the pace of creation ‍of sectoral funds.

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