The government is committed in its program for the period 2021-2026, presented Monday before the two Chambers of Parliament, to promote national competitiveness and support the competitiveness of the label “Made in Morocco”.
Through the adoption of regulatory and strategic protectionism, the government will promote “economic patriotism”, which consists first and foremost in protecting the Kingdom’s production capacities, its regions and cities, and ultimately aims to preserve existing jobs and create more.
The government will also encourage investment initiatives, simplify legal and administrative procedures and support the competitiveness of national companies that have demonstrated their ability to adapt during the health crisis.
In this respect, the program provides for the reinforcement of the capacity of national companies, in their capacity of adaptation, in particular through incentives for innovation, research, development and export, according to the evolution of national and international needs and in the prospect of passing from the culture of consumption to that of production.
To reduce dependence on imports and maintain the course of the industrial acceleration plan, the government plans to carry out an ambitious policy aimed at compensating imports with local products up to 34 billion dirhams per year, with a potential creation of more than 100,000 jobs.
The government will also need to review unbalanced free trade agreements that may overuse government subsidies or lead to currency devaluations to increase competitiveness.
In this sense, the executive will defend the sectors targeted by unfair international competition, relating to anti-dumping measures, environmental standards, health monitoring and others, while respecting Morocco’s bilateral, regional and international commitments.
The promotion of the “Made in Morocco” label is therefore the driving force behind the government’s economic policy in the area of public procurement, as it will resort to national preference whenever necessary and improve access to public contracts for very small, small and medium-sized enterprises.