The Head of Government Chairs a Meeting of the State Shareholding Policy Consultation Body

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The Head of Government, Mr. Aziz Akhannouch, chaired a meeting of the Consultation Body on State Shareholding Policy on Thursday, September 19, 2024, in Rabat. Several concerned members of the government participated in this meeting, in accordance with the provisions of Law No. 82-20, which established the National Agency for the Strategic Management of State Holdings and Monitoring of the Performance of Public Institutions and Enterprises (ANGSPE).
This meeting resulted in a favorable opinion on the draft State shareholding policy prepared by the agency, the content of which was presented by the Director General of ANGSPE, Mr. Abdellatif Zaghnoun. This favorable opinion follows the approval of the Strategic Guidelines for the State Shareholding Policy during the Council of Ministers, chaired by His Majesty King Mohammed VI, may God assist him, on June 1, 2024, in Casablanca, as well as the fourth session of the Board of Directors of ANGSPE, held in early July 2024 in Rabat, under the chairmanship of the Minister of Economy and Finance, Ms. Nadia Fettah, and in the presence of representatives of the State, members of the Board of Directors.
In the next step, the draft State shareholding policy will be submitted for review and validation by the Government Council so that the agency can begin implementing this policy in accordance with the Royal Vision, which aims to bring about a deep reform of the public sector and address the structural dysfunctions of public institutions and enterprises. The goal is to achieve optimal complementarity and coherence in their missions and strengthen their economic and social efficiency.
 

 This draft State shareholding policy was developed using a participatory approach through strategic dialogues with various concerned stakeholders, including supervising ministerial departments, public institutions and enterprises, other public bodies, the private sector, and regulatory authorities, in order to meet the expectations of the various concerned parties.
The project is based on an integrated system governing the State's intervention as a shareholder, structured around three components:

  • A shareholding policy that specifies the orientations of the State as a shareholder, its commitments, and the expected objectives of public institutions and enterprises;
  •  Institutional governance primarily based on fulfilling the mission of the State as a shareholder through ANGSPE;
  • A defined scope for the dynamic implementation of the State's shareholding policy, aligned with the objectives and challenges of the State as a shareholder.

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