According to the World bank’s new report on global competitiveness, corruption and bureaucracy are the main problematic factors for doing business in Morocco. The survey ranks the Kingdom 71st in the world and first in North Africa.
While the World Bank praised in a recent article Morocco’s all-weather rural roads program, MPs pointed at the nation-wide plan’s failings. 13 years ago, the World Bank granted Rabat a loan to boost the program.
Morocco has fallen in the ranking conducted by the World Bank’s logistics performance index. The report is released every two years to examine how trade logistics is used in economy.
Morocco is to be backed by the International Finance Corporation to widen its infrastructure investment.
The World Bank's chief economist has stated on Friday that the International financial institution was changing the methodology for Doing Business in a way that affected the performances of some countries. The famous report was in the heart of a diplomatic crisis that erupted in October between Morocco and Algeria. Details
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