A new strategy to strengthen World Bank partnership with the Kingdom of Morocco

Published: 9 February 2010 y., Tuesday

Marokas
A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank. Entitled Country Partnership Strategy (CPS), defines the pillars of the development program, where the Government of Morocco, the World Bank and the International Financial Corporation will be working in partnership. It identifies the areas where the World Bank Group will have an added value in the economic and social development of Morocco.

A Partnership Framework and not an Assistance Strategy (CAS)

Built in the concept of “partnership”, the CPS is different from the previous Country Assistance Strategy (CAS 2005-2009) in:

  • Its flexibility. It does not offer rigid and predetermined collaboration scenarios, or a detailed lending program, but rather presents strategic directions and indicative lending and analytical activities program for the short term.

  • Close collaboration in the choice of programs, in the context of the dialogue with the governement. The CPS provides a concerted set of priority action lines, agreed upon between the government and the World Bank Group.

  • Built in the country's development vision and program. There is a consensus on diagnosis in terms of development challenges and on the expected outcome and priority programs.
The CPS ensures continuity in the World Bank Group support to Morocco, as well as opportunities for scaling up and expanding engagement to new areas. In addition to consolidating the 2005-2009 CAS Strategic Objectives, the CPS pledges selectivity in the institution’s engagement and focuses the partnership program on activities where the World Bank Group can bring value added.

The World Bank will particularly support in facing long term challenges, mainly in reforms implementation.


Four years program with three strategic axes

Covering 4 years period (2010-2013), the new strategy proposes three thematic pillars aligned with the development priorities of the country:

  1. Enhance growth, competitiveness and employment: The structural transformation of the Moroccan economy requires a comprehensive and coordinated set of policies in many areas.
    These include a stable macroeconomic environment; an improved business environment; a trade policy that supports the competitiveness of Moroccan products; a financial sector that better serves smaller firms; a labor force that is better trained and effective social protection and labor market institutions. While progress has been made in all these areas, there is a strong need to increase the impact of reforms and the private sector response.
    The World Bank is committed to support the government to enhance Growth, Competitiveness and Employment.

  2. Improve service delivery to citizens: Reducing social disparities and closing the gap between efforts and results requires a closer attention to the effectiveness of the public administration and the outcomes of public policies and investments.
    Activities under this pillar aim to support the government to enhance access to and quality of service delivery for all citizens.

  3. Ensure environmental sustainability in the context of a changing climate: Morocco’s future economic development is vulnerable to energy supply disruption and price volatility, water scarcity and natural resource depletion. Climate change impacts are already felt today. Activities under the third CPS Pillar aim to support government’s renewed attention to long standing environmental sustainability issues and future challenges brought about by climate change

The CPS also proposes two cross-cutting “beams” - governance and territoriality:

  • Territoriality: The Bank will support the government’s objective to foster spatially inclusive development, and to increase the role of local government, its performance, accountability, and empowerment.

  • Governance: The World Bank Group will support the government’s governance approach and program. The Bank will also support institutional development at the national and local levels. Improved public expenditure will be pursued through capacity to measure results and orient service delivery to outcomes.

This CPS witnesses the solid partnership between the Government of Morocco and the World Bank Group. We are committed to accompany Morocco on its reform process, to support the country’s development agenda and to make available the World Bank Group’s knowledge, international experience and best practices to the benefit of the whole country”, said M. Mats Karlsson, World Bank Country Director for Algeria, Tunisia, Morocco, Libya and Malta.

A lending of $600 million annually

The CPS proposes a lending program of US 600 million dollars per year as the World Bank’s contribution to the Government of Morocco needs for external funding. This level is confirmed for FY10, with lending levels for FY11-13 indicative. This complements the World Bank’s technical assistance and knowledge transfer activities in Morocco, the core of the World Bank’s program in the country.

A Partnership Strategy prepared in a participatory framework

The preparation of the Country Partnership Strategy involved extensive consultations with different Civil Society Organizations, youth, academics, private sector representatives and other donors. These meetings enabled a rich exchange of views and engaging in a free and open dialogue, quite unique in the Middle East and North Africa Region.

 

Šaltinis: www.worldbank.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD and CIB Bank boost financing to businesses in Hungary

The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint. more »

Bank SNORAS deposit portfolio exceeded LTL 5 billion

At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits. more »

Outstanding Development Results Gain Vietnam Additional Support

In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD). more »

World Bank Loan to Help Improve Efficiency of the Croatian Justice System

The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession. more »

ACP-EU Assembly calls for support to banana producers and strengthening of sanctions against Madagascar

The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers. more »

“Africa’s Golden Moment Has Come,” Says World Bank Vice President for Africa

As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities. more »

The approval of AB Bank SNORAS profit distribution

During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved. more »

Out of the crisis: a "real" economy and world governance system

The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis. more »

Giancarlo Scottà on food quality and country origin labels

Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years. more »

EIB supports Russia’s power generation sector with EUR 250 million to contribute to energy efficiency and emission reduction

The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia. more »