Morocco Government Signs Deal with Federation of Chambers to Develop its Performance

Morocco Government Signs Deal with Federation of Chambers to Develop its Performance

Tuesday, 6 March, 2018 - 12:45
Minister of Industry, Investment, Trade and Digital Economy Moulay Hafiz al-Alami and Minister of Economy and Finance Mohamed Boussaid at the signing ceremony (Asharq Al-Awsat)
Rabat - Asharq Al-Awsat
The Moroccan government signed an agreement on Monday with the Federation of Chambers of commerce, industry and services, aiming to create an innovative partnership to establish special development plans for a comprehensive transformation of representative institutions.

To that end, the government will allocate $4.52 million.

Minister of Industry, Investment, Trade and Digital Economy Moulay Hafiz al-Alami explained that the deal wants to create a new dynamic in the work of chambers of commerce and strengthen their role in achieving regional development and job creation.

The agreement is "the first of its kind and for the first time in our history we have reached this level of partnership between the government and chambers of commerce, industry and services in our country," announced the minister.

This step will enhance the capabilities of these partner institutions and further develop the mission, he said.

"We are optimistic to achieve this goal in the upcoming years," he concluded.

Speaking on the sidelines of the signing ceremony, Alami told Asharq al-Awsat that today’s figures do not meet the expectations of the government or the country.

The minister called on the chambers to redouble their efforts to provide new and very important services, expressing the government's willingness to give the necessary support to small enterprises.

For his part, Minister of Economy and Finance Mohamed Boussaid praised the agreement signed between the government and the Federation, saying “this investment will benefit the entire country, and the strategy of industrial acceleration and development.”

Morocco's finance minister, who also attended the signing ceremony, urged heads of chambers to get involved in the battle against unemployment, and create more jobs for young people.

He reiterated the important role of chambers of commerce, industry and services in the "battle of development and the fight against unemployment."

Boussaid considered the chambers "an essential element in the heart of the challenges that our country is facing", stressing the need for adopting different approaches to meet objectives.

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