The World Bank has approved a $500 million financing for Morocco as part of the first of three operations aimed at supporting employment and green growth. This program aims to expand job opportunities through better labor market policies, strengthening SMEs, and investments in clean energy, energy efficiency, and the export-oriented pharmaceutical industry, according to a statement released on April 10, 2026.
This support accompanies the national roadmap for employment, with the goal of improving the integration of young people and women. By 2029, over 330,000 job seekers are expected to benefit from active labor market programs, while the childcare offer will be expanded by over 40,000 places, generating an additional 1,200 female jobs. The program also envisions better alignment between training, education, and the needs of the private sector.
The operation also supports the improvement of the business climate, especially for SMEs, through the modernization of insolvency rules, strengthening credit guarantee mechanisms, and simplifying investment procedures through Regional Investment Centers.
On the energy front, the financing aims to remove obstacles hindering private investment in renewables, develop energy efficiency services, and strengthen the international presence of the Moroccan pharmaceutical industry, with the goal of multiplying exports by nearly seven by 2029.
This integrated program aims to reduce youth unemployment, increase female participation in the labor market, stimulate private investment, and enhance energy resilience, while accelerating the transition towards a more inclusive and sustainable growth.
