2024-06-15 08:03:32
“I’m very optimistic concerning the development prospects of the financial system of the Kingdom, an thrilling nation from a growth standpoint,” mentioned Mr. Hentschel in an interview with MAP, on the sidelines of the Annual Conferences of the WB and the Worldwide Financial Fund.
On this sense, he affirmed that Morocco ought to “expertise constructive development” in an unsure world financial setting, noting that the Kingdom “is as we speak probably the most pioneering and forward-looking nations amongst middle-income economies or rising market economies.
Holding the Annual Conferences in Marrakech is in itself “a tribute to the resilience of Morocco and its society” and a “demonstration of worldwide solidarity”, additionally estimated the WB official.
On this context, he praised the Kingdom’s response, beneath the management of His Majesty King Mohammed VI, following the earthquake which struck the Al Haouz area. On this regard, an formidable reconstruction and rehabilitation program for the catastrophe areas has been put in place, mobilizing a finances estimated at 120 billion dirhams (12 billion {dollars}), over a interval of 5 years, recalled Mr. Hentschel, who was happy to see the reconstruction efforts already undertaken within the affected areas.
On this context, he recalled the go to he made within the firm of the President of the World Financial institution Group, Ajay Bangar, the Minister of Nationwide Training, Preschool and Sports activities, Chakib Benmoussa, and the Minister of Financial system and Finance, Nadia Fettah, within the commune of Asni (Al Haouz Province). “We have been all very inspired by the very speedy response that was supplied,” he mentioned.
The top of the World Financial institution additionally took the chance to salute the exceptional surge of solidarity of the Moroccan folks with the populations affected by the earthquake.
2024-06-15 08:03:32