The World Bank reported that Morocco needs at least $10 billion in annual investments, of which 65 percent should come from the private sector, in order to absorb the country’s 25 percent unemployment rate, reported Al-Hayat. Investments are also required to boost the national income up to $50 billion in the next five years. This would enable Morocco to bridge the economic gap between the rural and metropolitan regions. Nearly five million Moroccans are living under the poverty line, most of who are from rural areas. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
