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    Home » New $15 billion World Bank partnership strengthens Morocco’s long-term development strategy and reforms
    Economy

    New $15 billion World Bank partnership strengthens Morocco’s long-term development strategy and reforms

    ayaJuly 14, 2026

    The Moroccan government and the World Bank Group have officially launched a new Country Partnership Framework (CPF) covering the 2026-2035 period, marking a long-term strategic commitment to supporting the Kingdom’s economic transformation, job creation and sustainable development.

    The new framework includes an estimated $15 billion financing package over the next decade, bringing together the resources and expertise of the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

    Aligned with Morocco’s New Development Model, the partnership aims to accelerate private sector-led growth, improve business productivity and competitiveness, and create more and better employment opportunities, particularly for young people and women.

    The strategy focuses on three main priorities: strengthening business competitiveness, promoting balanced and resilient regional development, and investing in human capital through reforms in education, vocational training, healthcare and social protection.

    It also seeks to expand access to finance for micro, small and medium-sized enterprises, encourage innovation and digital transformation, and support private investment in high-value sectors including renewable energy, manufacturing, infrastructure, tourism and healthcare.

    Climate resilience is another key pillar of the framework, with investments planned in water resource management, desalination, climate-smart agriculture and rural development to mitigate the impacts of drought and climate change while supporting local communities.

    Both the Moroccan government and the World Bank emphasized that the ten-year partnership will be supported by regular monitoring and performance reviews, ensuring that projects and reforms remain aligned with evolving economic and environmental challenges while contributing to Morocco’s long-term development goals.

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