Business Environment: 2021-2025 National Policy to Help Strengthen Adaptability of Post-covid Companies (El Otmani)

The national policy for the improvement of the business environment (2021-2025) will serve as a roadmap to strengthen the dynamism of the company, its productivity and its adaptability in post-covid period, according to the head of government, Saad Dine El Otmani.

Speaking at the 12th annual meeting of the National Business Environment Committee (CNEA), held on Wednesday and which was marked by the adoption of the national business environment policy 2021-2025, El Otmani stressed that this new policy is able to encourage more national and international investors and to bring together the conditions for the economic take-off wished by HM King Mohammed VI, which places Morocco at the head of countries preparing for the post-covid period, said Saaid Amzazi, Minister of National Education, Vocational Training, Higher Education and Scientific Research, government spokesman in a statement read at the end of the Government Council.

According to the head of government, the adoption of this policy takes place in application of the High Royal Guidelines regarding the imperative to set-up a strategic vision aimed at improving the business environment, recalling the message sent by HM the King to the participants in the 2nd International Conference on Justice, held in October 2019 in Marrakech, in which the Sovereign had stressed that “the need to develop a strategic vision for the improvement of the business environment. A core element of that vision should be the creation of conditions conducive to investment and the adoption of a modern, integrated legal system that makes businesses a driving force of economic and social development.”

Based on this Royal orientation, a steering committee was set up within the framework of the CNEA with the mission of developing an integrated national policy aimed at improving the business climate, said El Otmani, specifying that this committee included among its components, all the ministerial departments and public establishments concerned, the private sector in addition to several experts.

This policy aims to optimize the business environment in Morocco in order to make it a more favorable factor for the activity of the company so that it becomes more productive and more job-generating, he said, insisting that this policy transcends the World Bank’s Doing Business report.

The new policy, he explained, brings together a series of measures and objectives not included in the said index and which are not essential to assign a ranking to Morocco because they relate to national issues and real needs of the national enterprise and entrepreneur.

According to him, Morocco, which was able to achieve an important goal in Doing Business after being ranked 53rd in the world in 2019, seeks to be among the top 50 countries for the year 2020, as defined in the government program.

And to conclude that despite the pandemic context and the sharp drop in public revenue in 2020 and the fall still expected in 2021, Morocco has continued, upon the High Royal instructions, the implementation of the main reforms and major projects to strengthen post-covid Morocco, particularly the social protection generalization project, launched by HM King Mohammed VI.