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IMF: Morocco, well placed in terms of human development

Global Arab Network - - Rabih Serrai

Wednesday, 03 November 2010 00:37

Morocco (Rabat) - Morocco is "very well placed" in terms of human development, Dominique Strauss-Kahn, Director General of the International Monetary Fund (IMF) said on Tuesday.

"Morocco is the typical sort of countries that launched an efficient economic development and set up development policies, such as the national initiative for human development (INDH)," Strauss-Kahn told Médi 1 radio.

The INDH is based on the principle that economic growth alone is not sufficient, he said, noting that Morocco attached importance to policies relating to education, health, housing and women empowerment.

These policies "contributed to reducing disparities and redistributing wealth", the IMF head said, commending the launch of INDH in Morocco and the organization of the Forum in Agadir.

"The very decisive element to the success of this sort of initiatives goes through instruments of decentralization, financial resources and infrastructures, which allow for opening up regions to transport, electricity, water, telecommunication and the support of associations,” Strauss-Kahn said.

The IMF Chief is in Morocco to take part in the Forum on Human development, which opened on Monday in Agadir.

Held under the presidency of HM King Mohammed VI, the Forum brings together over 1,700 participants, including 300 foreign figures from Europe, Africa, Asia and America.
(MAP)

Global Arab Network

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