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VEND. 8, SAM. 9 & DIM.10 MARS 2024 - N°6720  NE PEUT ÊTRE VENDU SÉPARÉMENT  DÉPÔT LÉGAL 100/1991  DIRECTEUR DE PUBLICATION KHALID BELYAZID
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                                               2030 World Cup











         A Marshall Plan for  Subordinated debt
                            bidding cities                                                                                   VI Fund launches
                                                                                                                             The Mohammed




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                                                                                                                              Energy service companies

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                                                                                                                                       Social Security
                                                                                                                                    The YSL
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                                                                                                                              Museum revisits
                                                                                                                                       Last-chance
                                                                                                                                         amnesty
                                                                                                                               floral elegance


          Editorial                                                  Slowness                                                               Ahlam NAZIH


          I    N almost 40 years, the structure of the Moroccan economy has changed  is, however, that the loss of industry means the loss of quality jobs.
               very little. In 40 years, there has been no revolution, but rather an evolution  The head of the CESE himself commented on this slow phenomenon last De-
               whose main characteristic is, definitely, slowness.
                                                                                  cember, during his speech at the nineteenth edition of the L’Economiste research
          According to the latest diagnosis by the Economic, Social, and Environmental  award, Ahmed Réda Chami illustrated his comments with the image of water
          Council (CESE), the major sectors making up the backbone of our economy  flowing down a hill. In Morocco, we wait patiently for water to reach the bot-
          continue to weigh practically the same. Of course, “ tertiarization ” is continuing,  tom, after having bypassed a multitude of obstacles. The easiest way to do this
          with services playing a slightly greater role in value creation, albeit very slowly.  is to dynamite these obstacles to create a channel. Like the water on the hill, we
          Between the 1980s and the 2000s, the share of services in GDP rose by 6.4 points  choose the path of least resistance. This may be a virtuous choice, but it is one
          to 53.2%. By contrast, the primary sector (essentially agriculture and fisheries)  that leads to huge delays at every level.
          has kept almost the same share (from 13.3% to 11%). The processing industry,  The road to change is never devoid of barriers and resistance. At some point, one
          for its part, remained at the 10% level of 4 decades ago. Finally, the other types  has to face them. Otherwise, after the next 40 years, we’ll find ourselves again
          of industry saw their contribution fall slightly (from 19.3% to 15.1%). The fact  in the same place.o
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