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King Mohammed VI urges private sector to create youth jobs and spread benefits of growth

Morocco’s King Mohammed VI has urged businesses to increase investment and create more jobs for young people, while calling for the benefits of economic growth to be shared more fairly across the country.

King Mohammed VI urges private sector to create youth jobs and spread benefits of growth

King Mohammed VI addressed Parliament at the commencement of the 12th legislative period, encouraging businesses to boost investments and generate more employment opportunities for young individuals. He emphasized the importance of distributing the benefits of economic growth more equitably throughout Morocco. The monarch outlined a new phase of development aimed at bolstering the country's economy, minimizing regional disparities, and elevating citizens' quality of life.

He urged the private sector to contribute through productive investments, innovation, exports, and sustainable job creation, highlighting that economic transformation necessitates businesses to augment productive activities in conjunction with state policies and reforms.

Youth employment was identified as a key development priority, and the King advocated for an integrated strategy that combines education, skill development, and access to economic opportunities. The objective was to furnish young people with clearer career prospects, foster social mobility, and ensure equal chances while addressing their aspirations for freedom, dignity, and stability.

King Mohammed VI stressed that persistent growth should yield enhanced public services and palpable enhancements in daily life. Reducing regional disparities and distributing economic gains more evenly would be a crucial aspect of this endeavor.

To bolster Morocco's competitiveness and resilience, the monarch called for new national strategies encompassing water, energy, food security, industrial development, the digital economy, and artificial intelligence. He also implored for swifter action to establish strategic reserves and ensure supplies of essential goods, enabling the nation to diminish external dependence and withstand crises.

Concerning territorial reform, the King advocated for an end to delays in implementing advanced regionalization and administrative decentralization. He urged the allocation of powers, personnel, and financial resources to regions and provinces, allowing policies to better reflect local requirements and stimulate investment.

Addressing migration, King Mohammed VI announced that Morocco would present its partners with a new strategic vision centered on co-development, economic competitiveness, and regional stability. He stated that international commitments should be grounded in reciprocity and respect for Morocco's sovereignty. The monarch reminded parliamentarians that their term of office entailed both political responsibility and a moral obligation to citizens, urging them to fulfill their legislative and oversight duties and assist in converting national ambitions into tangible outcomes.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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