Morocco: King Mohammed VI embraces a social shift for his country’s development

Morocco is undergoing a significant transformation after two decades of primarily infrastructure-driven growth. This shift, spearheaded by King Mohammed VI, focuses on enhancing social dimensions. The aim is to ensure comprehensive social protection for all Moroccan citizens, a bold initiative announced amidst the COVID-19 pandemic and now entering its implementation phase.

The global health crisis has underscored social and economic vulnerabilities, emphasizing the need for robust social protection systems.

Morocco’s plan for universal social protection encompasses healthcare coverage, retirement pensions, family allowances, and unemployment benefits.

This initiative aligns with a long-term vision to reduce inequalities and enhance living standards for Moroccans.

The rollout of this major reform unfolds in stages. Initially, mandatory health insurance is being extended to all Moroccans, including informal sector workers and the unemployed.

Subsequently, phased introductions of retirement schemes and family allowances aim to provide increased financial security across society.

Beyond direct social benefits, this reform is expected to bolster the local economy. By strengthening social security, the Moroccan government aims to foster greater labor market participation and reduce precariousness.

Moreover, a healthier and financially secure population can contribute to a more robust domestic consumption, thus supporting economic growth.

 

 

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