Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24
This Country Partnership Framework (CPF) for Morocco for the period FY2019-24 has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities. Prepa...
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Online Access: | http://documents.worldbank.org/curated/en/101781550869524206/Morocco-Country-Partnership-Framework-for-the-Period-of-FY19-FY24 http://hdl.handle.net/10986/31318 |
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okr-10986-313182021-05-25T09:21:46Z Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 World Bank Group REGIONAL INTEGRATION POVERTY INEQUALITY ECONOMIC GROWTH GOVERNMENT PROGRAM WORLD BANK GROUP STRATEGY JOB CREATION PRIVATE SECTOR DEVELOPMENT HUMAN CAPITAL INVESTMENT INCLUSIVE DEVELOPMENT CITIZEN ENGAGEMENT GOVERNANCE SHARED PROSPERITY EMPOWERMENT GENDER DIGITAL ECONOMY FINANCIAL MANAGEMENT PROCUREMENT PORTFOLIO DONOR COORDINATION RISK MANAGEMENT This Country Partnership Framework (CPF) for Morocco for the period FY2019-24 has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities. Prepared collaboratively by IBRD, IFC and MIGA, the CPF translates the recommendations of the SCD and the Country Private Sector Diagnostic (CPSD) into an integrated World Bank Group (WBG) engagement. The CPF is aligned with the objectives of the Government’s Program and Medium-Term Strategy 2017-21. It is also consistent with the third phase (2019-23) of the Government’s National Initiative for Human Development (INDH), which focuses on strengthening human capital through improved education, healthcare and social protection, and on enhancing youth economic inclusion. Opportunities for youth are at the center of the CPF.The CPF responds to Morocco’s ambition to successfully navigate this crucial point in its history. To achieve its objective of contributing to social cohesion and reducing social and territorial disparities, this CPF pursues three strategic focus areas: (A) Promoting Job Creation by the Private Sector; (B) Strengthening Human Capital; and (C) Promoting Inclusive and Resilient Territorial Development. Governance and Citizen Engagement are the foundational principles of the CPF, and Gender and Digital Technology are cross-cutting themes.Strong country ownership and demand are important determinants of the specific activities included in the CPF program. The first three years of the program have been defined jointly with the Government. The program supports the shift to a new development model, based on a scenario of deep and sustained structural reforms to increase productivity gains with special attention to innovation, market contestability and unleashing private sector potential.Under this scenario, Morocco would be able to maintain a relatively high rate of economic growth and economic convergence with more developed countries while preserving macroeconomic stability. The other two possible scenarios: voluntary growth-oriented policies without productivity-enhancing reforms or the pursuit of current macroeconomic and structural policies would respectively lead to large macroeconomic imbalances or a disappointing growth performance. 2019-02-25T16:18:14Z 2019-02-25T16:18:14Z 2019-01-18 Report http://documents.worldbank.org/curated/en/101781550869524206/Morocco-Country-Partnership-Framework-for-the-Period-of-FY19-FY24 http://hdl.handle.net/10986/31318 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Country Partnership Framework Middle East and North Africa Morocco |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
REGIONAL INTEGRATION POVERTY INEQUALITY ECONOMIC GROWTH GOVERNMENT PROGRAM WORLD BANK GROUP STRATEGY JOB CREATION PRIVATE SECTOR DEVELOPMENT HUMAN CAPITAL INVESTMENT INCLUSIVE DEVELOPMENT CITIZEN ENGAGEMENT GOVERNANCE SHARED PROSPERITY EMPOWERMENT GENDER DIGITAL ECONOMY FINANCIAL MANAGEMENT PROCUREMENT PORTFOLIO DONOR COORDINATION RISK MANAGEMENT |
spellingShingle |
REGIONAL INTEGRATION POVERTY INEQUALITY ECONOMIC GROWTH GOVERNMENT PROGRAM WORLD BANK GROUP STRATEGY JOB CREATION PRIVATE SECTOR DEVELOPMENT HUMAN CAPITAL INVESTMENT INCLUSIVE DEVELOPMENT CITIZEN ENGAGEMENT GOVERNANCE SHARED PROSPERITY EMPOWERMENT GENDER DIGITAL ECONOMY FINANCIAL MANAGEMENT PROCUREMENT PORTFOLIO DONOR COORDINATION RISK MANAGEMENT World Bank Group Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 |
geographic_facet |
Middle East and North Africa Morocco |
description |
This Country Partnership Framework (CPF)
for Morocco for the period FY2019-24 has the overarching
goal of contributing to social cohesion by improving the
conditions for growth and job creation and reducing social
and territorial disparities. Prepared collaboratively by
IBRD, IFC and MIGA, the CPF translates the recommendations
of the SCD and the Country Private Sector Diagnostic (CPSD)
into an integrated World Bank Group (WBG) engagement. The
CPF is aligned with the objectives of the Government’s
Program and Medium-Term Strategy 2017-21. It is also
consistent with the third phase (2019-23) of the
Government’s National Initiative for Human Development
(INDH), which focuses on strengthening human capital through
improved education, healthcare and social protection, and on
enhancing youth economic inclusion. Opportunities for youth
are at the center of the CPF.The CPF responds to Morocco’s
ambition to successfully navigate this crucial point in its
history. To achieve its objective of contributing to social
cohesion and reducing social and territorial disparities,
this CPF pursues three strategic focus areas: (A) Promoting
Job Creation by the Private Sector; (B) Strengthening Human
Capital; and (C) Promoting Inclusive and Resilient
Territorial Development. Governance and Citizen Engagement
are the foundational principles of the CPF, and Gender and
Digital Technology are cross-cutting themes.Strong country
ownership and demand are important determinants of the
specific activities included in the CPF program. The first
three years of the program have been defined jointly with
the Government. The program supports the shift to a new
development model, based on a scenario of deep and sustained
structural reforms to increase productivity gains with
special attention to innovation, market contestability and
unleashing private sector potential.Under this scenario,
Morocco would be able to maintain a relatively high rate of
economic growth and economic convergence with more developed
countries while preserving macroeconomic stability. The
other two possible scenarios: voluntary growth-oriented
policies without productivity-enhancing reforms or the
pursuit of current macroeconomic and structural policies
would respectively lead to large macroeconomic imbalances or
a disappointing growth performance. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 |
title_short |
Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 |
title_full |
Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 |
title_fullStr |
Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 |
title_full_unstemmed |
Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24 |
title_sort |
country partnership framework for the kingdom of morocco for the period of fy19-fy24 |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/101781550869524206/Morocco-Country-Partnership-Framework-for-the-Period-of-FY19-FY24 http://hdl.handle.net/10986/31318 |
_version_ |
1764474051646980096 |