Moroccan public investment marks a record year

Public investment in Morocco has reached a record level of 300 billion dirhams in 2023, which represents an increase of 22.4% compared to 2022 and 53.9% compared to 2019, the Competition Council reveals in a recent report.

In its annual report for 2023, the Council justifies this increase by “the launch of several major public projects mainly linked to the organization of continental or global sporting events, or to national or regional development plans”, stressing the need “to align public investment with the strategic objectives defined at national level in this area” in order to “increase the share of private investment to two thirds of total investment by 2035”.