Morocco is a good example when it comes to infrastructure development, stated European Central Bank (ECB) President Christine Lagarde on Tuesday in Marrakech.
"The Kingdom has invested nearly 30% of its Gross Domestic Product (GDP) in infrastructure over the past two decades alone," noted Lagarde during a panel discussion held alongside the Annual Meetings of the World Bank and the IMF, which are taking place until October 15.
According to Lagarde, if countries make substantial investments in infrastructure over time, it can change their economic situation and production. She cited Morocco as an example in this regard.
The Annual Meetings of the World Bank and the IMF have brought together top global economic and financial experts to discuss major issues related to financing policies, economic growth, and climate change.
Returning to African soil after 50 years, this global event provides an opportunity for economic and financial decision-makers to closely examine the progress made by Morocco under the enlightened leadership of King Mohammed VI in various areas.
