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Empowering Youth and Women in Morocco is Key to Development
MCC and the Government of Morocco partnered to implement a $460.5 million compact to address two major constraints to economic growth in Morocco: employability and land productivity.
MCC’s $460.5 million Morocco Employability and Land Compact supported two Moroccan Government priorities that contribute to economic growth and investment in the country: employability and land productivity.
Morocco’s economic and political stability has contributed to continuous economic growth and significant poverty reduction over the past decade. Although poverty trends are improving, regional inequality remains considerable, with an urban/rural divide in access to public services and economic opportunities. Morocco has critically low rates of gender equality and one of the lowest female labor force participation rates in the world. By supporting policy and institutional changes that will improve Morocco’s investment environment and by creating models for engagement with the private sector, the Employability and Land Compact address both the supply and demand sides of the labor market.
The Government of Morocco committed to carrying out these policy and institutional reforms and made a financial contribution of 20 percent toward the compact.