With the help of the World Bank, Morocco has made significant strides in strengthening its disaster and climate resilience since 2008, the international financial institution stated in a recent report.
Morocco has become the second-largest African investor on the continent following a surge in direct investments over past two decades, IFC notes.
In a report entitled «Morocco's Jobs Landscape», the World Bank assesses the challenges linked to employment in Morocco and recommends reducing the size of the informal economy and «creating more jobs in high productivity sectors».
A World Bank climate risk profile on Morocco warns against global warming, rainfall and the impact on several sectors including agriculture, fishing and health.
According to the World Bank, the Covid-19 crisis has interrupted more than two decades of Morocco’s progress. Its economy, despite showing signs of recovery, remains fragile.