Morocco raises 10 steps when it comes to progressing the business setting on which it places on the 87th from 97th last year in a world rank covering 189 nations.
The country rose from 97th to 87th spot in the world rankings on the business environment among the 29 countries. Morocco has gotten the second performance amongst the Middle East and North African nations, who’s showed their regression in reforming their business environment.
That performance is a credit to the government. With these reforms, the government seeks to encourage the administrative and economic nature, furthermore to develop Morocco’s appeal for foreign investments to improve the productivity and competitiveness of all companies in Morocco.
The Ministry stated that Morocco’s business setting will further develop after the entry into force of decrees in relation to building permits and the application, beginning from 1st of January 2014, of the latest decree on public procurement.