While the Government Council today adopted the draft decree establishing a special allocation account entitled “Strategic Investment Fund”.
This fund announced by the sovereign during the speech from the throne will have a mission to support the production, support and financing of major public-private investment projects.
The Minister of Finance showed at a press conference on Monday that this fund will initially receive 45 billion dirhams, including 15 billion financed by the state and 30 billion mobilized from national and international institutions that will position themselves as investors, in special infrastructure projects.
This fund should intervene both in equity and in debt, in companies and public and private projects to support the development of the Moroccan economy.
# Morocco # Government Council 1/2 This morning, several texts are approved and discussed, in particular the activation of the content of the royal speech regarding the launch of a plan to revive the economy.
– EL OTMANI Saad dine (@Elotmanisaad) August 6, 2020