2023-10-16 10:55:23
Speaking at a meeting held as part of the Annual Meetings of the World Bank and the IMF, Abdellatif Zaghnoun expressed his conviction that the development of an entire country can only be achieved through collaboration between the two sectors. public and private.
The regional experience in the privatization of public companies and establishments was highlighted during the Annual Meetings of the World Bank and the International Monetary Fund (IMF). The Moroccan model was exhibited during this meeting which was held on Friday in Marrakech. In this sense, Abdellatif Zaghnoun, director general of the National Agency for Strategic Management of State Participations, indicated that “Morocco has, today, an efficient private sector, capable of investing in all sectors. areas of activity and to make impressive progress.
In this regard, the official expressed his conviction that “the development of an entire country can only be achieved through collaboration between the two public and private sectors”.
By displaying the Moroccan experience, Mr. Zaghnoun indicated that Morocco has the necessary assets to engage in structuring projects and support this national economic dynamic, particularly through the privatization of public establishments and companies.
In this regard, the official listed successful privatization operations at the national level which have enabled establishments to achieve significant performance in their field of activity, such as the telecoms sectors. “Today, the Kingdom has three telecom operators, which has made it possible to improve the quality of services with a reduction in costs,” he indicates. And to continue that “the objective, now, is to breathe new dynamics into this process, in accordance with the High Royal Guidelines, to bring regarding a profound transformation of the public sector.” Referring to Mr. Zaghnoun, the public sector is called, thanks to this collaboration with the private sector, to contribute to the economic growth of Morocco and the realization of structuring projects, particularly in the fields of water, energy and infrastructure.
This meeting was also an opportunity to present the broad outlines of the roadmap of the National Agency for the Strategic Management of State Participations. This body in fact consolidates the institutional and organizational framework for the intervention of the State shareholder and places it within the framework of strategic management of public shareholding carried out by the sector of public companies and establishments (EEP) . Having the status of a public establishment, the Agency’s main mission is to ensure continuous monitoring of the interests that the State holds in its capacity as shareholder and regular monitoring of their performance and output. The objective being to ensure the State’s property interests in the EEPs, to manage its holdings and to ensure the monitoring and assessment of the performance of the said EEPs.
The Agency has a medium and long-term strategic vision, an ability to assess and control the risks of the EEPs concerned and an ability to propose effective solutions in order to develop an efficient public shareholding. Orientations which tend to respond to the strategic objectives of the State shareholder and which fall within the framework of the principles of the global reform of the EEP and the recommendations of the report of the Special Commission on the new development model.
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