Tuesday, December 8, 2009

Savings & Investments


Morocco is currently investing in capital so as to grow their GDP with the new King Mohammed VI, who came to the throne in 1999. King Mohammed VI allowed the establishment of the Casablanca Technopark which is increasing Moroccan investors optimism towards a better future. With Morocco’s new industrial poles, long term growth is possible and probable. In 2008 Morocco spent 32.1% of its GDP on investments. In a June, 2000 interview with Time Magazine, Mohammed VI explained his belief that education is the most important aspect of life. He is also currently trying to build Morocco’s education so as to make Morocco prosperous in the long run. Also, in his interview, Mohammed VI explained how his father was a strict conservative ruler, but Mohammed VI promises to Time Magazine that he will change Morocco for the better now that he is king (Scott Macleod interview with Mohammed VI. 2000).


Read the interview at:

http://www.usa-morocco.org/timemagazineinterview.htm


Source:


"The King Speaks." Interview by Scott Macleod. Time 20 June 2000. Print.


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