World Bank Group Launches Landmark Ten-Year Partnership Framework with Morocco to Accelerate Job Creation and Inclusive Growth

RABAT, July 9, 2026 — The World Bank Group (WBG) and the Government of Morocco today announced a new Country Partnership Framework (CPF) to help accelerate Morocco's next phase of growth and job creation and support the Kingdom's ambitious development priorities and vision of a more inclusive, competitive, and resilient economy for all Moroccans. For more than 65 years, the World Bank Group has stood alongside Morocco at every stage of its development journey — from foundational investments in infrastructure and agriculture to transformative reforms in education, health, and social protection. What has emerged over more than six decades is a deep partnership that has shaped institutions, built capacity, and helped Morocco navigate some of its most critical development milestones. "This Country Partnership Framework marks a decisive milestone for Morocco. What makes it distinctive is its structuring nature; it aligns public and private financing, knowledge, and reforms around a shared vision for the Kingdom's future. Jobs — for our youth, for our women, in our cities and across our rural territories — are at the heart of this shared ambition. With a partner that helps us build the foundations of tomorrow, Morocco moves forward," said Nadia Fettah, Minister of Economy and Finance of Morocco. Today, this partnership enters a new chapter. The new CPF is anchored in Morocco's New Development Model — the Kingdom's own roadmap for a more dynamic, equitable, and resilient economy. It reflects a shared ambition to help Morocco transition from a public investment-led growth model to a more vibrant, private-sector-driven economy that creates more and better jobs, especially for young people and women. The overarching and cross-cutting objective of the new CPF is more and better jobs for all. In support of this goal, the World Bank Group will work with Morocco across three areas. The first is to have more competitive firms by reducing regulatory barriers, strengthening market competition, and expanding access to finance for small and medium enterprises. The second is better-connected and more inclusive cities and territories, by reducing spatial disparities and improving access to markets and services across urban and rural areas. The third is strengthened human capital, by supporting reforms in education, Universal Health Coverage, and a more comprehensive social protection system. At the heart of this framework is a commitment to results that are visible, measurable, and felt by Moroccan citizens. Progress will be tracked through concrete indicators — including jobs created, private investment mobilized, access to healthcare and quality education expanded, and vulnerable communities better protected against climate shocks. The World Bank Group will implement this strategy by combining lending, technical expertise, and private capital mobilization. "Morocco has achieved remarkable development gains, and the ambition of its New Development Model is an inspiration," said Ousmane Dione, World Bank Vice President for the Middle East, North Africa, Afghanistan and Pakistan region. "By extending our partnership to a ten-year horizon, we are making a deliberate choice — to move beyond project cycles and invest in lasting, structural transformation. This new framework reflects our unwavering commitment to Morocco as it writes its next chapter of progress." "Morocco’s economy stands among the most dynamic across Africa, advancing one of the continent’s most compelling growth stories," said Ethiopis Tafara, IFC's Vice President for Africa. "Through this ten-year partnership with the Kingdom of Morocco, we are deepening our commitment to strengthen markets, mobilize greater private capital, and support the next generation of businesses to grow, scale, and create jobs across the economy." "Through this strengthened partnership, MIGA will leverage its guarantees to mobilize private capital and de-risk investments in Morocco, supporting job creation and advancing a more resilient, private sector-led growth model," said Ed Mountfield, MIGA’s Vice President and Chief Financial Officer. The World Bank Group looks forward to continuing to build, together with the Government of Morocco and all its partners, a future of shared opportunity, resilience, and prosperity.