USA – Huge Investments in Morocco within the Next 5 Years.
The American government is to invest in Morocco within the next 5 years.
“The relationship between the United States and Morocco is the strongest it has ever been, and we are making it stronger everyday” said Mr. David Fischer, the United States’ Ambassador to Morocco.
The old and strong ties between the two countries extend at different levels ranging from economic to social and cultural ones. The United States Agency for International Development (USAID) and the Millennium Challenge Corporation (MCC) have acted actively in the promotion of Morocco’s development.
“USAID is planning to invest $100 million over the next five years in close collaboration with the Government of Morocco to support participatory local governance, enhanced economic growth, improved education outcomes, and community resilience” explained Fischer.
“In addition, Morocco is the largest beneficiary of MCC funds to date. MCC and the Moroccan government are currently partnering to implement a $450 million compact to address two major constraints to economic growth in Morocco – employability and land productivity – which are also key concerns and priorities of Moroccan citizens” he added.
The USA is to invest more than $10 million in Morocco’s Covid-19 pandemic. “This assistance has helped prepare laboratory systems, improve Covid-19 case detection and surveillance, and support technical experts, among other areas” Fischer said.