EBRD praises Morocco’s remarkable progress under the leadership of HM King Mohammed VI
The European Bank for Reconstruction and Development (EBRD) Director for Morocco, Haytham Eissa, expressed his admiration for the significant progress achieved by the Kingdom under the enlightened leadership of His Majesty King Mohammed VI. Speaking on the sidelines of the conference “Women in Business: Breaking Barriers for Women Entrepreneurs – A €1 Billion Impact”, held Wednesday in Casablanca, Mr. Eissa highlighted the structural reforms and development projects that have profoundly transformed Morocco’s economy in recent years.
The EBRD official commended the King’s strategic vision, emphasizing the advances made in infrastructure modernization, the transition to renewable energy, the promotion of financial inclusion, and the strengthening of the institutional framework. “Morocco has demonstrated exemplary commitment to sustainable development and economic resilience, making the fight against climate change a national priority,” he said. According to him, these achievements reflect forward-looking governance and long-term planning that inspire respect and confidence among international financial institutions.
Mr. Eissa also underscored Morocco’s pioneering role in the green transition. Through ambitious policies and substantial investments in clean energy, the Kingdom has positioned itself as a regional leader in decarbonization. This strategic positioning strengthens the country’s competitiveness and attracts new economic partners eager to combine performance with sustainability.
Furthermore, the EBRD Director highlighted Morocco’s growing reputation as a major reformer in Africa. He noted that the Kingdom attracts significant foreign direct investment, particularly in the automotive, aerospace, and energy sectors. As an example, he cited Morocco’s success in developing a world-class automotive industrial ecosystem that has become a model for other emerging nations.
Finally, Mr. Eissa praised the remarkable resilience of Morocco’s economy amid a challenging international context. Despite drought effects and global economic tensions, Morocco has maintained macroeconomic stability through prudent fiscal policies and greater economic diversification. Growth, estimated at around 3%, is expected to continue, driven by strategic public investments, export expansion, and renewed private sector confidence.