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Development Research Briefs - Reconciling Financial Sector Stability with Economic Development in Morocco

07-Jun-2010

• SOEs contribution to GDP almost doubled between 2006 and 2008 to reach USD 9.9 billion, i.e., 12% of GDP in 2008.

• In 2008 investments by SOEs amounted to 9.6% of GDP. SOEs have been able to implement 91% of their planned investments in 2008.

• SOEs employed 124,600 persons, i.e. 14% of the public sector staff, in 2009.

• Investments by SOEs grew by 16% in 2009, and are expected to grow by 30% in 2010.

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