Economy
Morocco’s Economic Challenges: New World Bank Report
Morocco’s Economic Crossroads: Navigating Challenges for Future Growth
A recent World Bank report, “Morocco Towards 2040: Investing in Intangible Capital to Accelerate Economic Takeoff,” paints a picture of Morocco at a critical juncture. While the nation has made strides in recent years, the report highlights structural challenges that could hinder its long-term economic prosperity. A key concern is the tendency of local investors to prioritize short-term gains over long-term investments in crucial sectors like manufacturing and innovation. This preference for quick returns can stifle sustainable growth and limit the country’s ability to compete in a rapidly evolving global market