Morocco plans to invest $34 billion, bolstering the economy in 2024

Posted on January 8, 2024   |  

Morocco reveals plans to invest 335 billion Moroccan dirhams ($34 billion) in various projects during 2024.

The capital spending covers diverse sectors such as infrastructure, power, roads, farming, and industry.

A substantial portion, around MAD45 billion ($4.55 billion), is allocated to the King Mohammed Investment Fund.

Additionally, nearly MAD15 billion ($1.51 billion) is set aside for the reconstruction of facilities damaged by the earthquake in September 2023.