Home / Banking / The Kingdom and World Bank launch business climate survey

The Kingdom and World Bank launch business climate survey

IFC, a member of the World Bank, and the National Business Environment Committee (CNEA) signed a memorandum of understanding to improve Morocco’s business climate. The two sides also launched a national survey to assess the obstacles to business development in Morocco.

As part of this partnership, IFC will help the CNEA to identify the main obstacles to the development of the Moroccan private sector as well as the reforms likely to support its development.

The National Business Environment Survey, jointly conducted with the World Bank’s Enterprise Survey team, is a flagship component of this project. It will target a sample of local businesses and identify the challenges that businesses face.

Over the last decade, Morocco has adopted several reforms that facilitate business in the country. In fact, in the 2019 edition of the Doing Business report of the World Bank group, it rose to 60th worldwide, an improvement of 68 places in this ranking since the creation of the CNEA.

As a reminder, the mission of the CNEA, a public-private dialogue structure, is to propose to the government measures likely to improve the environment and the legal framework of business, to coordinate and evaluate its implementation. impact on the sectors concerned. It carries out its mission in consultation with the various public and private partners concerned.

IFC is the largest international development aid institution serving the private sector in emerging countries. It works with more than 2,000 companies around the world and dedicates its capital, skills and influence to creating markets and opportunities in the most sensitive areas of the planet.

Check Also

UNESCO: Morocco elected member of committee for the Safeguarding of the Intangible Cultural Heritage

Morocco was elected on Thursday as a member of the Intergovernmental Committee for the Safeguarding …

Leave a Reply