The World Bank Group unveiled Thursday in Rabat its new 2026-2035 Country Partnership Framework (CPF) for Morocco, outlining its strategic engagement with the Kingdom over the next decade in support of more inclusive, private sector-led growth and job creation.
Aligned with Morocco’s New Development Model, the framework seeks to promote the creation of more and better jobs by leveraging financing, knowledge and private sector solutions to accelerate the country’s transition toward a more productive and competitive economy.
Speaking at the launch, World Bank Country Director for the Maghreb and Malta Ahmadou Moustapha Ndiaye said the new partnership reflects Morocco’s ambition to shift from a growth model driven by public investment to one led by the private sector, with job creation serving as the framework’s central objective.
The CPF focuses on three main outcomes: enhancing business competitiveness and productivity, fostering more inclusive and resilient territorial development, and strengthening human capital through improved skills, healthcare, social protection and greater women’s participation in the labor market.
In turn, International Finance Corporation Regional Representative for the Maghreb David Tinel said the World Bank Group will deploy its full range of instruments, including support for private sector financing, public-private partnerships, local authorities and high job-creating sectors such as infrastructure, renewable energy, logistics, agribusiness, healthcare and tourism.
The framework provides for approximately $15 billion in World Bank financing for the public sector over the 2026-2035 period, while IFC’s private sector commitments are expected to exceed that amount, complemented by guarantees from the Multilateral Investment Guarantee Agency (MIGA) to help mobilize additional private investment.
The CPF will be implemented through annual action plans, continuous dialogue with public authorities, the private sector and civil society, and regular monitoring to ensure alignment with Morocco’s development priorities through 2035
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