EBRD calls for further reforms in Morocco

By bne IntelliNews November 21, 2013

Reforming the agriculture, infrastructure and energy sectors are Morocco’s key priorities for 2014, the EBRD said in its Transition Report 2013.

The infrastructure sector is suffering from large reform gaps that should be tackled, the EBRD noted. The capacity of municipalities to handle their growing responsibilities for infrastructure and to reform tariffs in order to enhance cost recovery should be increased, according to the bank. These parameters can reportedly be supported by the ongoing efforts towards decentralisation and regionalisation.  

The EBRD also called for additional reform efforts to boost productivity in the value-added agricultural sector. The lack of suitable infrastructure hampers the development of a competitive processing industry, the EBRD noted. Improvements, thus, are needed in the efficiency of input usage, especially water and fertilisers, through tariff and subsidy reform, the EBRD said.

As to the energy-sector reforms, energy subsidies should be cut, state-owned monopolies dismantled and transmission systems revamped, the EBRD said. Such measures will reportedly help introduce a competitive market for electricity.

Related Articles

Ankara and Tehran join wave of anger directed at Trump’s recognition of Jerusalem as Israel’s capital

US President Donald Trump's December 6 announcement that his administration has decided to unilaterally recognise Jerusalem as Israel's capital was described as “against international law” by ... more

Islamic State is finished declares Iran's President Rouhani

Iranian President Hassan Rouhani on November 21 declared the end of the so-called Islamic State militant and terrorist group following decisive battles in Iraq and Syria. Stating that he wished to ... more

Turkey the loser as Baghdad rewards Iran with control of Kurdish oil exports

Iran is taking control of oil exports from Iraqi Kurdistan's giant Kirkuk field with Baghdad authorising the move as a reward for the Iranians' help in quelling the Kurds' late September push for ... more