The generalization of social protection in Morocco is a very ambitious approach for Moroccan people, President of the Pan African Business Forum Ladislas Prosper Agbesi said Thursday.
“HM King Mohammed VI has always been at the forefront of social projects that benefit Moroccan citizens,” Agbesi told MAP following Wednesday’s launch of the implementation of the project to generalize social protection.
The launch of this project reflects a strong royal willingness to carry out social projects that put citizens at the center of concerns, he stressed.
This large-scale project will require the mobilization of substantial financial resources, he noted, adding that the Kingdom will allocate a total annual amount of 51 billion dirhams by 2025, including MAD 23 billion financed by the general budget of the State.
Agbesi also highlighted the importance for other African countries to benefit from the Moroccan experience in order to undertake similar social programs and alleviate difficulties of the most vulnerable categories.
He also welcomed, on behalf of the Pan African Business Forum, Morocco’s important achievement, adding that the project dedicated to the poorest shows that there is hope on the African continent.
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