Morocco Begins New Growth Phase
King Mohammed VI of Morocco emphasized in his speech on the 27th anniversary of ascending the throne that Morocco is entering a new developmental phase focused on strengthening economic sovereignty and stability, while continuing reforms and major projects. He pointed out that the economy achieved a growth rate of approximately 4.9% in 2025, with expectations of continued growth or surpassing it in 2026, thanks to a good agricultural season that contributed to enhancing water and food security. He highlighted industrial progress, noting that Morocco has become Africa's leading car exporter with an annual production capacity approaching one million vehicles. The automotive and aerospace sectors accounted for over 40% of exports, surpassing phosphates. Additionally, he announced Morocco's accession to the club of engine manufacturers for aircraft landing systems, the development of electric battery industries, and the launch of projects in renewable energies and green hydrogen to strengthen energy security and attract investment. In the industrial field, food and pharmaceutical industries accounted for about 80% of national needs, with a focus on developing defense industries and cybersecurity to bolster national sovereignty and create new development opportunities. The tourism sector achieved record performance, welcoming around 20 million tourists in 2025, including Moroccans abroad. On the social level, he called for accelerating local development programs and expanding financing for small and medium enterprises, highlighting the need for increased national savings. Politically, he affirmed that Morocco’s achievements surpass the lifespan of governments, welcoming upcoming parliamentary elections that will reinforce the development process and reforms. He expressed appreciation for the armed forces and security agencies and wished for more stability and development in the coming phase.
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